Pew Resources Examine Municipal Bankruptcies and Detroit's Financial Instability
- December 3, 2013
The following Pew resources provide information and context about what municipal bankruptcy means and the challenges Detroit has faced in recent years:
- Michigan’s takeover of Detroit exposes strains over control: Detroit Mayor-elect Mike Duggan prepares to take office but emergency manager Kevyn Orr is running the city.
- America's big cities in volatile times: This report examines how cities navigated the Great Recession, as well as remaining fiscal challenges and their ability to manage future uncertainty. Read Detroit's profile.
- State intervention in Detroit: Michigan is deeply involved in local government finances but changing economic conditions makes it harder for cities to rebound.
- Video: Why Detroit Declined: Kil Huh, Pew’s director of State and Local Fiscal Health speaks with the Washington Post about why Detroit declined.
- Michigan’s role in the decline of Detroit: Who is to blame for Detroit’s bankruptcy? Everyone. The state’s rocky relationship with its largest city hits another bump on a long, winding road.
- Why Michigan is overseeing the Detroit bankruptcy: An examination of state interventions.
- Detroit and Michigan: A Fragile Bargain. The state of Michigan and its largest city have pledged cooperation to keep the city afloat. But neither quite trusts the other.
- A snapshot of the 30 largest American cities. While every city has a unique set of economic and demographic conditions, they face many common challenges.
- A widening gap in cities. Detroit was one of 24 cities examined that had pension funding levels of 80 percent or above as of fiscal 2009.
- How falling revenues and the demand for services challenge cities, counties, and school districts.