The nine-member Financial Review Commission, created on November 12, 2014, will ensure the City of Detroit is meeting statutory requirements, review and approve the city's four-year financial plan, and establish programs and requirements for prudent fiscal management, among other roles and responsibilities.

The commission was created by the "Grand Bargain" legislative package, Public Act 181 through 190 of 2014. Statutorily required members of the include state Treasurer Nick A. Khouri, who is to serve as chairman. State Budget Director John Roberts will serve as the designee of the director of the state Department of Technology, Management and Budget. Also included by statute are Detroit Mayor Mike Duggan and City Council President Brenda Jones, or their designees. The commission is also comprised of five gubernatorial appointees.

Return to Treasury's Detroit Financial Emergency Page