NPR

Detroit Released From Financial Oversight, 3 Years After Emerging From Bankruptcy

The city has been monitored by the state of Michigan since December 2014, when city officials retook control after the largest municipal bankruptcy in U.S. history.
A couple sits on Belle Isle while looking at the skyline in Detroit, Michigan, in 2017. The city has been released from state oversight of its finances after several years of scrutiny. Source: Anthony Lanzilote

The city of Detroit has been released from state oversight of its finances, three years after exiting the largest municipal bankruptcy in U.S. history.

Detroit posted balanced budgets and surpluses for each of those three years — a key factor in

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