Detroit to get $879.6 million from $1.9 trillion federal stimulus bill

[ABetterDetroit]

Actually the deficit for 2020 is only a fraction of what we're getting with this stimulus. The budget shortfall was only 200 million. Detroit was actually in a much better position to deal with this financially because we have a rainy day fund.

The city will now have a lot of resources to actually help people and improve neighborhoods instead of just filling budget holes.

I agree. That’s exactly what will be happing around the country which is my point. We need the money and it is a dog eat dog nation right now. It is federal cash and you take every penny you get and fight for more. Far better here than shipped elsewhere. That kind of money changes a lot of peoples lives. Detroit deserves it and more. This city has been systematically destroyed by powerful forces on many fronts for 6 decades. Time to get some of what is due. Restocking rainy day is probably prudent. The last bond was at a reasonable rate. No problems there.