Comptroller Bill Thompson: We Have the Money for Rebates

Posted by and filed under News, William Thompson. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Comptroller Bill Thompson yesterday rejected Mayor Bloomberg’s claim that there’s no cash for property-tax rebates, saying the money could come from nearly $2 billion that the city is rolling over into the next fiscal year.

“The money is there. It only requires creativity, thoughtfulness and a consideration that budget cuts should not disproportionately affect New Yorkers,” Thompson told The Post.

The comptroller, a Democrat running for mayor next year, made his remarks a day after Bloomberg told homeowners he planned to withhold their $400 checks because “we have no money.”

Yesterday, Bloomberg spokesman Marc LaVorgna restated that, with a projected “$4 billion deficit,” rebates can’t be paid “without making up the money somewhere.”

The mayor himself gave no sign of backing down from threats to withhold the rebates, despite widespread City Council opposition. But he sounded more conciliatory.

“We’re going to reach an agreement – not just on the rebate, but property taxes and all sorts of other revenue enhancements and efficiencies that we have to have,” Bloomberg said.

Source: NY Post

Digg it! Twitter! Add to del.icio.us Add to Reddit Bookmark to Simpy Add to Yahoo MyWeb2 Add to BlinkBits Blink this Post Add to Blogmarks Bookmark to Co.mments! Add to Connotea Add to Fark Add to Feed Me Links Add to Furl Add to Ma.gnolia Add to Newsvine Add to Netvouz Add to Scuttle Add to Shadows Add to Spurl Add to StumbleUpon Add to Technorati Add to Wists

Leave a Reply



Issues

NYC Unemployment Rate Grows to 8.7% »

NYC Unemployment Rate Grows to 8.7%

The two-week strike by unionized employees of Verizon offset all of the hiring that occurred last month in New York City and pushed the city’s unemployment rate up slightly, according to figures released Thursday by the State Department of Labor. The city’s official unemployment rate...

No comment / Read More »

Rent Guidelines Board Approves 4 Percent Increase on Stabilized Apartments »

Rent Guidelines Board Approves 4 Percent Increase on Stabilized Apartments

The Rent Guidelines Board has approved a nearly 4 percent hike for rent-stabilized apartments in the city, affecting some 1.1 million apartments by 3.75 percent for one-year renewals and 7.25 percent for two-year contracts, the New York Daily News reported. The hikes will take effect...

2 comments / Read More »

Rent Guidelines Board To Hold Vote Tonight »

Rent Guidelines Board To Hold Vote Tonight

The Rent Guidelines Board will hold a final vote tonight on how much the tenants of more than one million rent-regulated city apartments will pay this fall. Board members are gathering at Cooper Union’s Great Hall at 5:30 p.m. to consider a hike of 3...

No comment / Read More »

Real-estate

Rent Guidelines Board Approves 4 Percent Increase on Stabilized Apartments »

Rent Guidelines Board Approves 4 Percent Increase on Stabilized ApartmentsThe Rent Guidelines Board has approved a nearly 4 percent hike for rent-stabilized apartments in the city, affecting some 1.1 million apartments by 3.75 percent...

2 comments | Read More »
Advertisement
Search Everything