CITIZENS BUDGET COMMISSION

1 Penn Plaza * Suite 640 * New York, NY 10119

 

Contact:   Corey Kunz

                        212-279-2605, ext. 334             

 

CBC ISSUES STATEMENT

ON CITY COUNCIL’S “FICTIONAL” BUDGET PRACTICES

 

 

New York, NY – April 4, 2008 – The Citizens Budget Commission (CBC) released today the following statement on the “fictional” budget practices of the New York City Council. The statement reads as follows:

 

The use of public funds should be transparent and straight-forward. There is no excuse for fictional items in a budget. Elected officials should be accountable for their budgeting decisions, and that is only possible if the public knows where the money is going.

 

All elected officials bear responsibility for the budgets that they adopt, and Speaker Quinn, in particular, should be held accountable for the City Council’s fiscal practices. She must now rebuild the public’s confidence in the truthfulness of the Council’s budget and its future integrity. 

 

Founded in 1932, the Citizens Budget Commission is a nonpartisan, nonprofit civic organization devoted to influencing constructive change in the finances and services of New York City and New York State governments.