Bellwether for Detroit
In the controversy over the financial future of Detroit, uncertainty seems to be the most oft repeated term. This uncertainty is attributed to the fact that no other major American city has faced the same kinds of structural problems confronting Detroit. From loss of population, abandonment of capital, to nearly half the property owners' delinquency on taxes, we have little money to support essential services. Additionally, we are burdened with long standing debt and an array of tax breaks that were long ago granted in hopes of spurring never to happen developments.