DETROIT, MI - An emergency manager for the city of Detroit has reportedly been selected by Michigan Gov. Rick Snyder, offered the job, and could take over Mayor Dave Bing's responsibilities in a matter of days.

That was the news reported Sunday by The Detroit News' Nolan Finley,

Finley claims Snyder's choice for the state-appointed position is expected to tell the governor this week whether he or she will take the job.

"If the answer is yes, the naming of an emergency manager will come perhaps as soon as the end of the month," Finley wrote.

State officials, including Snyder, have repeatedly warned Detroit officials that an emergency financial could be on the way

One example a challenge for this cash-strapped city: the Detroit City Council met in December to approve a budget amendment addressing a $29 million hole in the 2011-2012 budget due to a pension fund accounting mistake.

Another example:

because the city simply can't afford to operate and maintain them.

That move came after

that could've saved the city several millions of dollars annually.

Do you think an emergency financial manager is good for Detroit?

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