Pontiac

The city of Pontiac has been in a state-declared financial emergency for four years.

A New York Times report on Michigan’s credit for film production finds it has not produce the jobs promised. The Times report on a studio built in Pontiac is part of a series on business credits and incentives and their impact on job creation. In Pontiac the studio was built on the site for a former General Motors’ facility. The report finds that the studio reported only 12 employees last year. There were other temporary jobs in areas such as construction. But an emergency financial manager appointed to oversee Pontiac’s finances says the credit diverted needed revenue.