MACKINAC ISLAND — For the first time in recent history, Detroit’s executive and legislative branches of government quashed potential squabbles over the city’s budget and agreed to make $250 million in cuts in an effort to steer Detroit back toward fiscal stability.
Detroit Mayor Dave Bing this morning said he intends Friday to formally adopt the budget, which contains key public lighting, transportation and public safety initiatives. Bing is attending the Mackinac Policy Conference on Mackinac Island.
“My administration fundamentally agrees with City Council’s recommendations for the 2012-2013 budget,” Bing said, speaking this morning from the porch of the Grand Hotel. “This budget supports my financial and operational restructuring plan that will restore fiscal stability to the city of Detroit.
“I believe this budget is a key indicator of our efforts to collectively transform Detroit and will help to spearhead our efforts to improve core services and the overall quality of life of Detroiters,” he said.
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