DETROIT (AP) — Detroit’s chief financial officer acknowledged Thursday that officials may have to make “adjustments” to a plan aimed at reducing the bankrupt city’s debt if future revenues come in lower than projected.
John Hill Jr. was the first witness called during a trial that began this week, where a federal judge is weighing whether to approve the city’s long-term plan to get out of bankruptcy.
Real journalism.Trusted by millions.
Unlimited access to in-depth reporting, expert analysis, and the stories that shape our country.
Subscribe Now
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.