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Detroit's CFO Jay Rising announces his retirement amidst a decade of financial surpluses, setting the stage for a crucial transition in the city's fiscal leadership.

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Detroit CFO outlines financial achievements and upcoming challenges ahead of mayoral transition
CFO Jay Rising reports financial progress and highlights impending mayoral transition challenges.
citizenportal.ai
March 31, 2025 at 7:47 AM
citizenptnewsmi.bsky.social
Detroit's financial practices are under fire as Malik Shelton calls out high-interest UTGO bonds, sparking urgent debates about transparency and accountability.

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#DetroitWayneCounty #MI #DetroitFinance #CitizenPortal #PublicAccountability #FinancialTransparency
Malik Shelton criticizes OCFO's predatory bond sales during public commentary
Shelton claims OCFO's bond sales favor investors over reducing city interest rates.
citizenportal.ai
March 31, 2025 at 7:10 AM
citizenptnewsmi.bsky.social
Detroit faces a $5 million tax collection shortfall, but signs of recovery in February could change the game for the city's finances.

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#DetroitWayneCounty #MI #DetroitFinance #CitizenPortal #FiscalStability #BudgetPlanning #RevenueCollection
Finance report shows January tax collections lagging behind last year by $5 million
January tax collections are $5 million behind last year but expected to rebound in February.
citizenportal.ai
March 25, 2025 at 9:32 AM