Detroit is closer to a likely emergency manager.
A six-member state review team that dove into city financial records finished its report for the governor after meetings in Detroit on Friday, according to Matt Helms of the Freep.
The team does not believe that Mayor Dave Bing and the City Council are capable of turning the city around on their own, two people familiar with the document told the Free Press on Saturday.
The report . . . outlines monstrous debts and a chronic inability to reverse course, highlighted by infighting and disagreements between Bing and the council.
Even under state oversight for more than 10 months, there's no sign the city is taming its deficit, let alone addressing billions in bond debt, retiree pension and health care obligations, said the officials.
Gov. Rick Snyder "needs time to review [the report] closely before he determines the next step," aide Sarah Wurfel told Helms late Friday. She said the findings could be delivered officially Tuesday.
Snyder has said recently that he has been speaking with potential candidates who could be emergency manager of Detroit. . . . Some political and financial observers have said the appointment is all but certain given doubts that Detroit can correct its course without a Chapter 9 municipal bankruptcy, which would be the largest of its kind in U.S. history.
Detroit has a $327-million accumulated budget deficit and long-term debts surpassing $12 billion.
