Jamie talks to Louisa Chafee, the head of the city's Independent Budget Office, about what it means when a mayor is honest about spending but bullish on income. The new administration delivered on its promise to provide fiscal transparency. But with a $6 billion gap projected for next year, growing to $11 billion by 2030, the question isn't just whether the math adds up. It's whether a property tax hike the City Council doesn't want and Wall Street revenues nobody can predict are really a plan. Along the way: class size mandates, nonprofit payment delays and public bathrooms. For more solutions-oriented thinking on urban life, visit the Vital City website at https://www.vitalcitynyc.org/
Jamie talks to Louisa Chafee, the head of the city's Independent Budget Office, about what it means when a mayor is honest about spending but bullish on income. The new administration delivered on its promise to provide fiscal transparency. But with a $6 billion gap projected for next year, growing to $11 billion by 2030, the question isn't just whether the math adds up. It's whether a property tax hike the City Council doesn't want and Wall Street revenues nobody can predict are really a plan. Along the way: class size mandates, nonprofit payment delays and public bathrooms.
For more solutions-oriented thinking on urban life, visit the Vital City website at https://www.vitalcitynyc.org/