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Everyone’s favorite state rep:
Just as the battle lines are hardening, newly compiled figures on wage tax revenue growth threaten to end the battle over the mayor’s proposed cuts by giving the mayor a good reason to delay them. [...]
That is not the most optimistic way to make the projections. The city is collecting wage taxes at the rate of $125,141,400 a month. Assuming that monthly pace continues, the the city will wind up $342,978,000 AHEAD of its total revenue projection of $1,158,586.
We’re totally set with the extra $300 mil in revenue or so.
(Sorry, been busy with story reporting and research! I know, I’m surprised, too. Hopefully I’ll be back to a regular schedule later this week.)
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for great justice!