De Blasio Puts More Than $1 Billion on Reserve Ahead of Labor Contract Negotiations

Bill de Blasio. (Photo: Andrew Burton/Getty)
Bill de Blasio. (Photo: Andrew Burton/Getty)

Mayor Bill de Blasio has stowed away at least $1 billion in surplus money that could be used to settle the city’s more than 150 open labor contracts, according to city council members leaving the mayor’s preliminary budget briefing. Continue reading “De Blasio Puts More Than $1 Billion on Reserve Ahead of Labor Contract Negotiations”