Posts tagged "precautionary measures"
February 27, 2013
A court order and support from Assembly Speaker Sheldon Silver aren’t enough to stop the city from slashing its schools budget this year.
City officials said today that they were fiscally obligated to move forward in making a midyear budget adjustment to account for an expected $250 million deficit during the final months of the school year, even though a judge has for now barred the state from taking back the funds.
The move has the attorney who convinced the judge to halt the state budget cuts planning to sue the city, too. (more…)