It might be only a slight exaggeration to say that as Southeast Michigan goes, so goes the state. The region, with roughly 50 percent of the state population and the driver of half its economic activity, suffered the steepest drop in the state in total property value over the past five years. And though there […]
Oakland County
Posted inBusiness Watch
Billions more lost, but property value drop slowing
In five years, total Michigan property values plunged by more than $260 billion, according to an analysis of state records by Bridge Magazine. But while the decline continued over the last year, it slowed considerably. Values dropped from $725.5 billion in 2011 to $698.6 billion in 2012. Adjusted for inflation, that amounts to a drop […]
Posted inBusiness Watch
Do you live in a ‘magnet’ or ‘bedroom’ community?
Job commuting patterns are analyzed after every census in order for the federal Office of Management and Budget to determine the naming and composition of metropolitan and micropolitan areas. While the data have resulted in a number of changes to Michigan’s metropolitan/micropolitan landscape, the individual county flows are of particular relevance in that they help […]
Posted inGuest Commentary
Guest column: Oakland County school helps students thrive in IB curriculum
By Joan Stelzer More than 300 Oakland County high school seniors at the International Academy in Bloomfield Hills recently passed a key milestone when their 4,000-word essays electronically flew to evaluators around the world. Taking six months to research and write, each extended essay was an investigation into a topic never before published. It is […]
Posted inQuality of Life
Sorry, baby: Delivery docs in short supply Up North
Kristin and Warren Scaife fishtailed along the gravel road that winds south out of Grand Marais, on the rocky shores of Lake Superior. Kristin was in labor, but she couldn’t go to the closest hospital. Helen Newberry Joy Hospital didn’t have a birthing unit. A decade earlier, Kristin’s mother-in-law had found that out when she […]
Posted inGuest Commentary
Guest column: Unfunded legacy costs = big trouble for local governments
By Robert Daddow/Oakland County deputy executive “Property tax revenues implode.” “Deficit elimination plan draconian.” “Troubled pension plan may not pay benefits.” “Pension investments crash, will cost retirees.” These troubling headlines reflect a branding that no responsible official would ever want to see for their community. They create an image that stains a local unit as […]
Posted inMichigan Government
Troy's hybrid force keeps fire costs in check
Troy, an Oakland County city of 80,000, has pioneered an approach unique in Michigan for urban fire departments. Its department relies on a force of about 170 volunteers, augmented by 10 career firefighters. With six stations, it reaches 87 percent of fires within 10 minutes. Troy earns a fire protection rating of 3 from the […]
Posted inMichigan Government
Two parties, lunchmeat and pants afire
Here’s the thing about the media: We’re not supposed to call people liars. We get quotes from both sides, even when we know the claptrap on one side of the issue is, as Gongwer News Service subtly suggested Wednesday, “what some might call a lie.” That story (subscription only), along with this from the Detroit […]
Posted inBusiness Watch
'Shadow Tax Cut' deepens local budget crises
A $900 million cut in property tax revenues since 2007, the “Shadow Tax Cut,” has devastated the budgets of local governments that heavily rely on these taxes to provide police and fire protection — and a host of other services. They’ve laid off hundreds of firefighters, police officers and other employees; cut pay and benefits; […]
Posted inBusiness Watch
The Big Flush: $180 billion vanishes from Michigan
Michigan home- and business owners have lost an astounding $180 billion from the value of their properties over the past four years — the result of auto company bankruptcies, a severe national recession and the worst state economy in more than 70 years — according to an analysis of state data by Bridge Magazine. Adjusted […]
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