Sentences with phrase «boosted city reserves»
City Comptroller Scott Stringer, in a statement, commended the mayor's executive budget for «enhancing our ability to weather unforeseen future challenges,» through new agency savings and boosted city reserves.
http://www.gothamgazette.com/ Not exact matches
Finally I'll finish with Theo and Giroud both scoring 2 goals, by noting that despite the fact this should boost their confidence, it's Hull citys reserves with all my respect for them.
Budget watchdogs and rating agencies do agree that this administration has been fiscally responsible in its spending but many have called on the city to boost these reserves to insulate against a widely forecasted economic downturn.
Both Comptroller Scott Stringer and Ronnie Lowenstein, director of the Independent Budget Office (IBO), testified that the city's reserves are insufficient to weather an economic downturn and called for a more robust savings program to boost reserves.
Spitalnick also told Gotham Gazette what she had told the Wall Street Journal, that «The city has prudently used revenue that came in above estimates to pay down future years» gaps and boost reserves.»
Spitalnick told Gotham Gazette in response, «We have a robust savings program in place AND we have simultaneously boosted reserves to unprecedented levels to protect the City in the event of a downturn.
City Council Member Helen Rosenthal, who chairs the contracts committee and signed the letter, seemed to scoff at this suggestion, writing on Twitter, «Admin response to «boost reserves» misses the point.