City Still Shirking Responsibility for Financial Woes // Eliot Singer
I looked at the PR for public input on city financial woes, and it appears they still want to blame others, without acknowledging any financial mistakes by city government. These mistakes, some outrageous, have come at a cost of tens of millions of dollars. Even if what is done cannot be undone, unless city officials are willing to admit these mistakes and take measures to prevent recurrence, they have and will recur.
1) More than $50 million in unfunded debt service for the DPW … Read more →