DETROIT — Mayor Dave Bing on Friday told reporters that the city may run out of cash this fall if massive cuts aren’t made before October. In order to avoid payless paydays and state receivership, Bing said that he and his administration are looking to eliminate entire departments and impose layoffs.
“The city has a cash flow problem that we’ve got to solve short term,” Bing told reporters at an ARISE Detroit! event, according to The Detroit News. Bing said that many people, including union officials will be unhappy with the cuts but that there was “no way around” layoffs.
Bing, who is expected to win in the Aug. 4 primary and the general election in November, said his administration will have a list of department mergers and eliminations before the end of next month.