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hhusted
hhusted

NYC Working With $3 billion Surplus

I don't know if anyone has heard but the budget has been passed and no one is going to get laid off. This means no firehouse closures, no librarians to get laid off, and most of all, no swimming pool closures.

Actually, NYC has a surplus of $3 billion and was unwilling to use it at first. But now they are being forced to.

You can read the entire story here:

http://www.ny1.com/content/top_stories/121044/city-budget-deal-eliminates-firehouse--pool-closures

What is even better about the deal is no new tax increases.
Question asked via StreetAdvisor The opinions expressed here are those of the individual and not those of Douglas Elliman.
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ajadedidealist
ajadedidealist 2yrs+
I'm happier about the lack of layoffs, myself! Then again, I'm now resident in Georgia (the country, not the state) so I'm not playing NYC taxes for the time being
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Uraniumfish
Uraniumfish 2yrs+
Wow, and so what was all the hooplah about previously?
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hhusted
hhusted 2yrs+
I think the city should focus more on education and keeping the library staffed than anything else. Kids and even adults need a place to sit, medicate, unwind, and study.
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