All ruled by democrats! And billion$$ in free money!-----Even after bankruptcy, Detroit is in debt

Watchdog group counts the tally as $1,600 per taxpayer - John LaPlante 

The news comes more than a decade after the city entered federal bankruptcy court.
The Financial State of the Cities, published in late February by Truth in Accounting, reports that the nation’s 75 of the nation’s largest cities had $300.7 billion in debt. 

Public officials in 53 cities “have not included the full cost of government in their budget calculations,” said the Illinois-based nonprofit focused on public information about governmental finances.

• Detroit had $4.8 billion in bills but only $4.4 billion available at the end of the 2024 fiscal year, leaving a shortfall of $381.8 million, or $1,600 per taxpayer, the report said.
• Detroit is $1.6 billion short of the money it needs to pay its pension obligations and $1.4 million short of what it needs to pay its retirees’ health insurance expenses, according to Truth in Accounting...