Admission and State park status sound like a good idea. If Detroit charged enough money and that money was well accounted for, the State need not be involved. $5 per individual, $7.50 per family with children per visit might work with stiff fines for litterers. Money could be plowed back into maintenance, improvements, and security. I don't think $5 would be too much compared with the cost of movies, restaurant meals, or a pack of cigarettes.
Another idea would be to give the State a fifty year lease so, assuming things turn around in Detroit, Belle Isle would revert to Detroit.
Meanwhile, if it were a State park, whose police force would be responsible for security; State Police, Park Police, or Detroit Police?
edited to add:
A summer boat ride from one of the places the Bob-Lo boat used to dock downtown to Belle-Isle would be a fun option.
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