Detroit Emergency Manager Kevyn Orr wants to shift $95 million allocated for pensions and debt payments in the city's budget to his restructuring efforts.
Detroit News: Kevyn Orr’s amendments to the current fiscal year budget are outlined in an Oct. 24 memo obtained by the City Council on Friday. The money in part would pay for a team of nearly a dozen attorneys and professional firms working to restructure the city’s finances and operations.
Council members Tuesday expressed frustration with the move, saying the pot of money could have been reallocated to improving city services, rather than to consultants who haven’t provided the council with any progress reports.
The city stopped its debt service payments when it filed Chapter 9 bankruptcy.
