IMPORTANT INFORMATION FOR DISH SUBSCRIBERS – SERVICE INTERRUPTION – CLICK HERE

Detroit may be in a financial crisis

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

(WTVR) - The Motor City is running on empty and could be broke within days.

Detroit city officials say the city will run out of money within a week, if the state of Michigan pulls $80 million in revenue sharing.

It's part of an ongoing legal battle between the city and state over taxes and bonds.

While the city goes to court to resolve the issues, Mayor Dave Bing says he's preparing for a crisis.

Bing and city council have an emergency meeting scheduled for Monday.

Follow

Get every new post delivered to your Inbox.

Join 5,754 other followers