DETROIT -

The Detroit Target Fireworks will go off this year without a hitch, but years to come may be handing in the balance.

Wayne, Oakland and Macomb counties and the Michigan State Police have committed to helping with security which will offset an estimated $700,000 in costs.

More: Detroit Target Fireworks special section

However, on Wednesday, Mayor Dave Bing released a statement about funding for city events.

"Future Detroit-based events that attract and entertain millions from throughout southeast Michigan are being reviewed," Bing said. "And as the city moves forward, operating within the constraints of the city's 2012-2013 budget, it is no longer feasible to have these events funded primarily by Detroit taxpayers."

The Detroit Target Fireworks are June 25. Local 4 is the only place to watch the fireworks live.

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