Sentences with phrase «citywide savings»

Garodnick said the Citywide Savings program definitely helps, but agencies should undertake a more formal and complete review.

The Citywide Savings Program that de Blasio has touted has been bolstered by re-estimates of hefty expenditure projections, not enough by real agency savings, watchdogs say.

And while he is taking additional steps — like the formation of the new Citywide Savings Unit at the Office of Management and Budget — it is not yet clear to what extent de Blasio will follow the advice of budget watchdogs like the Citizens Budget Commission and city Comptroller Scott Stringer.

«Budget monitors and rating agencies have all applauded this administration's fiscal prudence, with reserves at unprecedented highs, out - year gaps at lows, and a strong $ 1.1 billion citywide savings program for FY15 - 16 that we'll build on this year in collaboration with the Council,» said Amy Spitalnick, spokesperson for the Mayor's Office of Management and Budget, in a statement to Gotham Gazette.

Mayor de Blasio did away with PEGs once he took office and instead launched a Citywide Savings Program in his May 2015 executive budget.

The preliminary budget touts $ 1.1 billion in total savings that the city will achieve by the end of fiscal year 2017 through de Blasio's «citywide savings plan,» the voluntary savings program he instituted in his first budget as mayor.

All these, the mayor stressed, would be paid for through $ 1.25 billion in new savings through fiscal 2017, along with the $ 1 billion already identified in the preliminary budget, under the Citywide Savings Program.

Mayor Bill de Blasio and City Council Speaker Melissa Mark - Viverito announced a $ 82.1 billion budget agreement for Fiscal Year 2017 at City Hall Wednesday afternoon, putting millions of additional dollars towards summer youth jobs, libraries and seniors while securing more money for the city's reserve fund and the citywide savings program.

Facing Council questioning was Dean Fuleihan, director of the Mayor's Office of Management and Budget, who defended the «strategic investments» and «disciplined fiscal management» of the administration, pointing out that the $ 2.3 billion citywide savings program is the largest in five years with more to come in the November update.

Ferreras - Copeland also highlighted continuing concerns over a lack of clarity in the Citywide Savings Program, pointing out that most savings were from spending re-estimates and delays in spending rather than programmatic savings in agencies.

He also said that the General Reserve is now at $ 1 billion for each year of the 4 - year financial plan and that the city will have an additional citywide savings plan in November.

Under de Blasio, agencies have voluntarily identified savings each year through the Citywide Savings Program.

Not exact matches

The program would make New York City the first city in the U.S. to offer its own retirement savings program for private sector workers who lack access to employer - sponsored retirement plans, de Blasio and other citywide elected officials said Thursday at City Hall.

Their premium quotes averaged $ 813 a year - that's a savings of 40 % off of the citywide average.

Their premium quotes averaged $ 813 a year - that's a savings of 40 % off of the citywide average.

Which is over $ 400 in savings compared to the citywide average of $ 1,321.

Average rates for our driver benchmarks averaged $ 1,042 a year for coverage which, when compared to the citywide average of $ 1,599, represents a discount of 35 % and savings of $ 557.