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Governor Rick Snyder to make Detroit Emergency Manager decision soon

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Michigan Governor Rick Snyder addresses the audience during the product launch of the 2012 Ford Focus vehicle at Ford Motor Co's Michigan As
Michigan Governor Rick Snyder addresses the audience during the product launch of the 2012 Ford Focus vehicle at Ford Motor Co's Michigan As

LANSING (WKZO) -- Governor Rick Snyder says it will be at least a week before he makes a decision regarding appointing an emergency financial manager for Detroit.

The governor made the announcement Thursday afternoon at a news conference held to discuss the findings of the Detroit Financial Review Team.  On Tuesday, the team's report said the city is under a financial emergency, with hundreds of millions of dollars in debt and no active plan to alleviate it.

Snyder says the decision is not just about balancing the books, it's about improving services for citizens and growing the city of Detroit.

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