Reviving Detroit, Take 2
Yet another report on Detroit's future - this time, from the Citizens Research Council of Michigan, which describes itself as a nonpartisan public policy research group. Essentially, the report suggests that Detroit's government must be sharply downsized, a process Mayor Dave Bing has already started. The report also points to one city asset that could be monetized: Detroit's water and sewerage system. Selling part or all of Detroit's stake in that system wouldn't resolve the city's financial woes, but would generate revenue. It would also likely mean higher water and sewerage rates, the report's authors predict.
Here's the full report.