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If Detroit wasn’t in dire financial straits before, it is now—officially. The Midwestern city is being forced to cede power to an emergency manager of Michigan Gov. Rick Snyder’s choosing—which ultimately will lead to cuts and sales of city assets that the mayor had been hoping to avoid. “I believe it’s important to declare the city of Detroit in financial emergency,” Snyder announced at a press conference Friday. Not everyone is pleased with the decision to appoint an emergency manager, and members of the Detroit City Council are even considering pursuing a lawsuit against Snyder’s decision. Detroit’s mayor and council members were absent from Snyder’s press conference, where he stood in front of a banner that read “Detroit Can’t Wait.”