Bloomberg's Budget Gets Boost from New York City Payroll Scandal Settlement

Mayor Michael R. Bloomberg said that an infusion of almost half a billion dollars from the settlement over the CityTime payroll scandal would enable New York to fill more than 2,500 teaching positions that were to be eliminated in the budget for the coming fiscal year, while avoiding tax increases or layoffs of police officers or firefighters.
May 4, 2012

Mayor Michael R. Bloomberg said that an infusion of almost half a billion dollars from the settlement over the CityTime payroll scandal would enable New York to fill more than 2,500 teaching positions that were to be eliminated in the budget for the coming fiscal year, while avoiding tax increases or layoffs of police officers or firefighters.

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