For Detroit, a Crisis Born of Bad Decisions and False Hope
One of the largest cities to face mandatory oversight has come as a result of millions in uncollected fees, a flight of its affluent tax base and misguided hopes that downturns might melt away. [Source]
Publication Date:Origin: nytimes.com
Category: Budgets and Budgeting
Topics: might, downturns, hopes, misguided, affluent, flight, uncollected, millions, result, oversight, mandatory, cities, largest, False, Decisions, Crisis, Detroit