detroit mayor mike duggan propose 2.6 billion fiscal 2017 budget thursday say could city ticket remove state oversight finance say all-funds budget include 1.077 billion general fund spend would mark third-straight balance budget city exit biggest-ever municipal bankruptcy december 2014. financial review commission create michigan law oversee post-bankruptcy detroit reach certain benchmarks finish 2017 fiscal year balance budget pay bill meet condition believe meet able get financial review commission control period duggan tell city council add goal shed state oversight january 2018. city end fiscal 2017 deficit mayor say detroit would start new three-year balance budget cycle detroit chief financial officer john hill say budget fiscal year begin july base conservative revenue estimate could hurt state cut revenue share local governments deal cost ongoing lead-tainted water crisis flint mayor say plan tap 50 million unused voter-approved bond proceed date far back 1987 various project duggan also address 490 million increase unfunded liability detroit two pension fund cause use outdated mortality table city bankruptcy consultants situation become pretty adversarial consultants tell city destroy document take accord mayor caution council malpractice lawsuit consultants would difficult win detroit mayor unveil budget eye shed state oversight