Detroit mayor names school fixer Jack Martin as finance chief
DETROIT (AP) -
The former state-appointed emergency manager for Highland Park Public Schools is Detroit's new chief financial officer.
Mayor Dave Bing on Thursday announced the hiring of Jack Martin, an accountant and founder of Martin, Arrington, Desai & Meyers PC.
Martin was appointed in January by Gov. Rick Snyder to fix the finances in the Highland Park district. He also was chief financial officer of the U.S. Department of Education from 2002-2005.
Detroit's chief financial officer position was created under a deal between the city and Snyder as an alternative to a state takeover. The city has a $265 million budget deficit and $13.2 billion in long-term structural debt.
Snyder on Thursday replaced Martin in Highland Park with Joyce Parker, emergency manager for the city of Ecorse.
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Friday, May 24 2013 5:31 PM EDT2013-05-24 21:31:37 GMT
A home explosion in Royal Oak back in February killed a man and damaged dozens of houses. Now some homeowners are complaining that insurance companies are making repairs difficult.
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Thursday, May 23 2013 10:59 AM EDT2013-05-23 14:59:53 GMT
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Monday, May 20 2013 5:51 PM EDT2013-05-20 21:51:26 GMT
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Friday, May 24 2013 7:06 PM EDT2013-05-24 23:06:29 GMT
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Friday, May 24 2013 6:54 PM EDT2013-05-24 22:54:49 GMT
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Friday, May 24 2013 5:31 PM EDT2013-05-24 21:31:37 GMT
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A home explosion in Royal Oak back in February killed a man and damaged dozens of houses. Now some homeowners are complaining that insurance companies are making repairs difficult.
Friday, May 24 2013 1:52 PM EDT2013-05-24 17:52:39 GMT
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If you'd like to contribute to the Oklahoma tornado relief efforts, FOX 2's Amy Andrews says you can drop off supplies at the Democratic Club of Taylor (23400 Wick Rd.) now through Sunday.
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