Detroit faces money woes, seeks state's help
Posted: Jun 11, 2012 8:39 PM EDT | Updated: Nov 6, 2014 2:11 AM EDT
DETROIT -- Detroit may soon be out of money unless the state helps the financially strapped city.
City leaders claim that the state of Michigan owes the city more than $220 million from a revenue sharing agreement. The city has filed a lawsuit against the state.
The state treasurer denies it owes the city the money. The state also refuses to help the city unless the lawsuit is dropped.
