On Air Now


Listen Live Now » 106.1 FM Lansing, Michigan


Current Conditions(Holt,MI 48842)

More Weather »
42° Feels Like: 42°
Wind: E 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip


Partly Cloudy 65°


Mostly Clear 44°


Partly Cloudy 71°


Detroit cash flow improves

DETROIT (WKZO) -- Cash flow to the city of Detroit has improved for the first time since the city filed for bankruptcy.  According to a report, the city had an unrestricted cash balance of 128.5-million dollars during the last quarter, which ended September 30th

Even though there was an improvement in cash flow, revenue fell roughly nine-percent.  Property tax revenue also plummeted more than 17-percent and tax revenues from Detroit’s three casinos dipped roughly four-percent.

The report shows the improved cash flow was largely due to the city not paying unsecured bond debt and withholding 44-million dollars in payments to two pension funds.