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The city has experienced some fiscal years of balanced budgets in the new millennium with new growth in business and tourism. [19] The city has planned a reduced workforce and more consolidated operations. [20] In addition, Detroit had asked for pay cuts and other "give backs" from the municipal unions that represent city employees. [21]
"We are excited to be one of the first major U.S. cities to explore blockchains civic applications and allow residents to use their cryptocurrency as a payment option." City treasurer Nikhil Patel ...
The first city in the country to accept the virtual currency as a form of payment for taxes. ... the city of Detroit will open up other city services to be paid for with crypto.
That's because a city program, which offers as much as $25,000 in down payment assistance for residents to purchase homes, is serving as a model for the national initiative, according to Detroit ...
Detroit is the principal city in Metro Detroit and Southeast Michigan. It is situated in the Midwestern United States and the Great Lakes region. [117] The Detroit River International Wildlife Refuge is the only international wildlife preserve in North America and is uniquely located in the heart of a major metropolitan area. The refuge ...
As of January 1, 2016, under the terms of the City of Detroit's municipal bankruptcy the Great Lakes Water Authority (GLWA) was created with a $50 million annual lease agreement to the City of Detroit for 40 years, while the DWSD bifurcated to focus its services specifically on the water and sewer customers within only the city of Detroit. [2]
City officials noted an increase in homeownership over the past decade. Detroit saw 2,569 financed home sales last year, up about 686% from 327 in 2013, according to a news release, citing ...