With Detroit expected to run out of cash this spring, state officials in Michigan proposed a restructuring deal with the city leaders on Tuesday that would establish a joint advisory board to address the city’s financial troubles without a state-appointed emergency manager.

The proposed agreement was framed by Gov. Rick Snyder’s office as a “cooperative” solution for Detroit leaders, who have strongly opposed such a state takeover as the city races to avert fiscal ruin. But a number of city officials, including Mayor Dave Bing, voiced displeasure with it and indicated they were unlikely to approve it without changes.

The offer, Mr. Bing said in a statement, “circumvents the role and power of the City Council as the legislative body, waives the ability of elected officials to contest any aspect of the agreement, and dismisses the unprecedented effort and concessions made by the City’s labor unions to avoid an economic catastrophe.”

The reaction suggested that the standoff over how best to address Detroit’s fiscal problems is likely to continue.