NEW YORK (CBSNewYork) — New York City’s comptroller says the de Blasio administration’s proposed budget appears to drastically underestimate labor costs.
As WCBS 880’s Rich Lamb reported, Comptroller Scott Stringer said Wednesday the biggest budgetary obstacle this year is the number of open labor agreements the city has to settle. All of the 152 unions were working on expired contracts when Mayor Bill de Blasio took office last month. His administration reached its first labor agreement this week with the Law Enforcement Employees Benevolent Association, which represents about 200 environmental officers.
“If you look at salaries and wages, we assume a 1-percent annual growth,” Stringer said. “Achilles’ heel of this FY15 preliminary budget is that it does not provide or adequately anticipate the resolution of some 150 outstanding labor contracts.”