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Monday, October 20, 2008

Freshman 15: 15 ways to save $50 million

City Council members Bill Green, Maria Quiñones-Sanchez, and Curtis Jones Jr.

The City of Philadelphia is facing a budget shortfall of $650 - $850 million over the next five years. Problems in the national economy are trickling down to Broad Street and causing drop off in tax revenue. Mayor Michael Nutter has made clear that everything, from slowing tax cuts to reducing services, is being considered.

Three freshman council-members responded to the crisis by offering a plan to save $50 million without cutting services or slowing tax cuts. In fact, the three council-members say these ideas should be enacted before Nutter considers doing either.

You can read the details of the plan in an op-ed in today's Daily News. What do you think of their ideas? How can the city best deal with the coming budget crisis?

Posted by Ben Waxman @ 9:39 AM  Permalink | 1 comment
Comments   
  • 0 like this / 0 don't   •   Posted 11:50 AM, 10/22/2008
    This point is not rocket science. Simply put, stop paying " DO NOTHING " assistants like W.Wilson Goode's $ 90'000 a year. Their pay should be no more than half that. Simple, ain't it? Ther are hundreds of better qualified individuals that world love to work for $ 45'000 per year.
    — tomzod


1 comments
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Every year, city government spends slightly more than $4 billion. Where does all that money come from? More importantly, where does it go? Are we getting the most bang for our tax buck? “It's Our Money” is a joint project between Philadelphia Daily News and WHYY, funded by the William Penn Foundation, designed to answer these questions.




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