February 2, 2022

Understanding Municipal Bonding and Detroit’s Bonded Debt

As of December 31, 2020, Detroit has approximately $1.98 billion worth of gross direct bonded debt equating to debt of about $3,105 per resident. Research Associate Esmat Ishag-Osman explains more on Facts Matter.

Citizens Research Council of Michigan · Esmat Ishag-Osman - Understanding Municipal and Detroit's Bonded Debt

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Understanding Municipal Bonding and Detroit’s Bonded Debt

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Understanding Municipal Bonding and Detroit’s Bonded Debt

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