Op Ed City Budget

Mayor de Blasio's Citywide Savings Program: Too Little of the Really Good Stuff

February 24, 2016

During his first year in office Mayor Bill de Blasio dropped the practice of four predecessors and did not include in his financial plan a set of savings plans known as the Program to Eliminate the Gap, or PEG. It had been a useful tool for helping to eliminate projected future deficits and making municipal government more efficient. In his second year de Blasio reestablished the practice under the new name of Citywide Savings Program (CSP). The resurrection has been uninspired; the CSP in the latest plan, released last month, is too small and includes too few efficiency initiatives. The Mayor should set a higher goal for the CSP in his Executive Budget due in April.