Blog posts tagged with "PEG"

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.

The New York City Budget Since the Recession: Seven Rounds of Cuts and the Deepest Still to Come

Feb 07, 2011

The dramatic aid reductions proposed by Governor Andrew Cuomo in his Executive Budget on February 1 are likely to lead to cuts in spending by New York City agencies. These forthcoming cuts should be understood in the context of previous efforts to reduce municipal spending.

Delaying the Pain: The truth about cost-cutting in New York City's November Plan

Dec 16, 2010

Readers of this blog have probably heard about new and increased fees and charges that the Mayor included in the November budget modification to help close the looming $4.5 billion fiscal year 2012 budget gap: increased parking meter fees, higher charges for parks and recreation permits, a proposal to charge insured motorists who get into accidents for emergency response services. During

The City’s FY 2011 Budget: The Buck Stops Here

Jul 13, 2010

In June the New York City Council voted to approve New York City's budget for fiscal year 2011. The Mayor and the City Council should be commended for passing a budget that responsibly deals with difficult financial realities without raising taxes and by achieving recurring savings of over $1 billion in agency spending.