Saturday, April 30, 2011

Shareholders and stakeholders

Ann Arbor has not suffered as greatly as other cities in Michigan during the recession. Nevertheless, the city is staring down the barrel of budget cuts and potential layoffs to public safety employees. It is worth reading Dave Askins' column on the Chronicle analyzing the negotiations between the City Council and the Downtown Development Authority (DDA) about how to share parking revenues. For those of you who have not done your civics homework, Ann Arbor's DDA manages the city's downtown parking and kicks back a portion of the income to the city each year. Here is Dave's article.

As an aside, don't you think steakholders would be a great name for a chain of restaurants where people are forced to eat steaks without utensils?

No comments:

Post a Comment

Post a Comment