Detroit Released From Financial Oversight, 3 Years After Emerging From Bankruptcy
The city has been monitored by the state of Michigan since December 2014, when city officials retook control after the largest municipal bankruptcy in U.S. history.
The city of Detroit has been released from state oversight of its finances, three years after exiting the largest municipal bankruptcy in U.S. history.
Detroit posted balanced budgets and surpluses for each of those three years — a key factor in
