Juan Gonzalez on New York City’s Budget Surplus or the Rainy Day is Here!

Dear Commons Community,

Juan Gonzalez in his column earlier this week in the NY Daily News called on Mayor Michael Bloomberg to use upwards of $6 billion in budget surpluses and rainy day funds to avert proposed teacher layoffs, the closing of firehouses and other budget cuts slated for the coming year’s budget. The possibility of New York State surpluses and budget cuts were discussed earlier this year on this blog. It appears that Bloomberg would rather hold the jobs of teachers and firemen dangling as he attempts to negotiate more funding from New York State. We will hear more about this over the next several days as the City moves to adopt its budget.


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