Detroit Public Schools continues the fiscal drain on Michigan Taxpayers.
Bailouts of Arts, Pensions, Water systems, and of course the cherry on the sundae, school debt. From today’s Cap-Con, Summarized here:
“Various bailout plans are currently under discussion in Lansing as an alternative to entering federal bankruptcy court. One plan pitched by Gov. Rick Snyder comes with a $710 million price tag.”
Don’t make any plans with that mattress money folks.