DETROIT (AP) -- Detroit Mayor Dave Bing says Gov. Rick Snyder plans to announce Friday whether the city will be getting an emergency financial manager.
At a news event Thursday, Bing said he spoke to the governor by phone earlier in the day. The mayor says "everybody's got a pretty good idea of what the announcement is going to be."
A state-appointed review team determined that Detroit is in a financial emergency, and Snyder has been mulling whether to appoint someone to confront the city's $327 million budget deficit and $14 billion long-term debt.
Bing says "too many people think the city can come out of this by itself," and he's "more interested in working with Lansing than fighting with Lansing." Snyder has said he's compiling a list of candidates for the job.