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Governor Snyder undecided on how to help Detroit

Michigan Governor Rick Snyder talks about the city of Detroit being in a financial emergency state during a meeting with an invited audience
Michigan Governor Rick Snyder talks about the city of Detroit being in a financial emergency state during a meeting with an invited audience

LANSING (WKZO) -- Governor Rick Snyder’s administration is weighing how to pay roughly 350-million dollars to help the Detroit Institute of Arts and the city's pension funds.  The governor is reportedly considering whether to borrow 350-million dollars to pump into Detroit's pension funds or set aside 17.5-million annually for the next 20 years.  That money would likely come from the state's tobacco lawsuit settlement fund.

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