Mayor Eric Adams’ nuclear option would save NYC billions in retiree healthcare costs
New York City is needlessly losing $50 million a month meeting its obligation to cover retired municipal workers’ health-care costs; most unions are on board with a plan that would save that cash while giving each retiree options. But because the City Council refuses to allow it, City Hall has no choice but to unilaterally […]
Read MoreJudge rules in favor of Alexandria City Council in 2021-2022 city budget lawsuit | #citycouncil
- Google-News-Wire
- September 18, 2022
- alexandria
- budget
- Catherine Davidson
- city budget
- City Council
- council
- governor
- jeff hall
ALEXANDRIA, La. (KALB) – ALEXANDRIA, La. (KALB) – On Friday, Sept. 15, 9th Judicial District Court Judge Patricia Koch ruled in favor of five Alexandria City Council members named in a lawsuit stemming from a veto-override vote over the city’s budget that happened on May 4, 2021. On April 20, 2021, the city council amended the mayor’s […]
Read MoreLincoln City Council not likely to continue no-fare busing | Local Government | #citycouncil
Lincoln City Council members proposed several changes to the mayor’s budget Friday but continuing free StarTran bus rides was not among them. The StarTran Advisory Board – a mayor-appointed group that advises the city on rates, routes and other operations – took the unusual step of earlier rejecting the mayor’s proposal to reintroduce reduced rates. […]
Read MoreFake outrage over City Council’s ‘tiny’ school budget cut may spark bad precedents | #citycouncil
With school enrollment plummeting and the city needing to conserve cash for future deficits, Mayor Eric Adams and the City Council nodded at fiscal responsibility last month, slightly paring back education spending. Now this tiny cut is causing chaos. You’ve got to wonder: If the city can’t achieve this modest trim, what will happen when […]
Read MoreSinking stocks, dicey economy may hand NYC’s Eric Adams major budget crisis
- Google-News-Wire
- July 17, 2022
- city budget
- editorial
- eric adams
- inflation
- Opinion
- pensions
- stock market
- taxes
- unions
Mayor Eric Adams’ $101 billion budget may be more fiscally responsible than any of his predecessor’s spending plans, but the ailing economy, and market, threaten to trigger a giant shortfall. To keep the city in the black — without raising taxes and fees — the mayor will need to keep a tight lid on outlays, […]
Read MoreMayor’s proposed biennial budget bolsters public safety, health departments in Lincoln | Local Government
Lincoln would add firefighters and police officers, 911 dispatchers, public health nurses and a host of other new positions as part of the mayor’s biennial budget, which she will present to the City Council on Monday. The budget — bolstered by an anticipated 18% increase in sales tax revenue in 2022-23 and a smaller 1.2% increase […]
Read MoreFullerton city council finalizes annual operating budget | Local News | #citycouncil
- Google-News-Wire
- June 9, 2022
- budget
- city budget
- City Council
- city council meeting
- congressmen
- fullerton
- president
Fullerton City Council agreed on Tuesday to adopt the annual operating budget for the Fiscal Year 2022-2022. The budget will cover the General Fund, the Capital Improvement Program, and other city funds while approving the city’s schedule of fees and Annual Appropriations with Parks and Recreations being the exception. Despite concerns about the impact that […]
Read MoreRainy days are coming, Mayor Adams: Save big now
Citizens Budget Commission chief Andrew Rein rightly calls on Mayor Eric Adams to put more than half of $4.5 billion in newfound revenue (over two years) into reserve funds to ensure that essential public services are protected when the next recession hits. We’d be happy if Adams sets aside even more than the $2.3 billion, […]
Read More