COMPTROLLER LIU STATEMENT ON MAYOR’S PRELIMINARYY BUDGET

 

City Comptroller John C. Liu statement on the Mayor’s FY 2013 Preliminary Budget:

“We commend the Mayor on a balanced budget that avoids layoffs in this difficult environment.  However, the use of short-term financial maneuvers doesn’t reduce real cost but simply defers costs to future administrations. My office will issue our full analysis in the coming weeks.”