Lansing Mayor Virg Bernero calls it his "most serious and important endeavor." He’s referring to last week's appointment of 15 prominent business and civic leaders to tackle the city's chronic budget deficits.
In Lansing, a panel of prominent business and civic leaders is diving into an initiative with far-ranging implications. Last week, Mayor Virg Bernero announced the formation of a ‘Financial Health Team’ to study how the city might--over time--move beyond chronic budget deficits. Bernero called it his “most serious and important endeavor.” The team--headed by former Mayor Dave Hollister--will explore whether the time has come for a new model of municipal finance.