Furthermore, in our experience we know that the Department of Finance spends a considerable amount of effort in developing their
direct program expense forecast, taking into consideration potential
wage increases, the profile of various transfers and
subsidies, provisions for valuation, the sun setting of various programs, etc..
City Council Speaker Christine Quinn announced new compromise legislation on Friday that would require only companies receiving
direct subsidies from the city to pay employees the so - called living
wage, which is a few dollars more than the minimum
wage.