New York City’s Adopted Budget: Missed Opportunities

Jul 06, 2011

On the evening of Friday June 24 Mayor Michael Bloomberg and City Council Speaker Christine Quinn announced an agreement on the City’s budget for fiscal year 2012; five days later, on Wednesday June 29, the Council voted to approve the deal and taxpayers got to see the specifics.

Possible City Savings From Health Insurance Changes

Jun 20, 2011

The Mayor and City Council are discussing ways to avoid the layoffs and service cuts proposed to balance the fiscal year 2012 budget.  They should consider reforming health insurance arrangements for employees and retirees as a way to create meaningful savings and prevent the cuts.  CBC suggests three specific changes that could save the City over $1.5 billion in fiscal year 2012:

The Case Against Tapping the Health Insurance Premium Stabilization Fund

Jun 15, 2011

The Mayor, City Council members and labor leaders are actively discussing ways to prevent the layoffs and cuts proposed to balance the budget in fiscal year 2012. One option under consideration is diverting money from the Health Insurance Premium Stabilization Fund.

Simple but Significant: Savings from the Elimination of the Medicare Part B Reimbursement

Dec 20, 2010

As New York’s elected officials consider options for balancing budgets in the face of record deficits, they should be attuned to opportunities for cost-savings in all areas, no matter how big or small. One approach for identifying potential savings is examining practices in which New York State and its local governments are out of line with their peers.

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