Albany, NY — "The New York Senate passed our revenue extenders yesterday," noted David Simpson, Communication Director for Yonkers Mayor Phil Amicone. "The mayor has been assured that the Yonkers bills will be among the first that the governor signs. The comptroller's office has told the mayor that they *will* in fact certify the budget (despite their objections to the serious underfunding of overtime) once the governor has signed the bills. And the finance department will send out tax bills on Monday once everything is official. So it appears our budget situation has finally been resolved."
Mr Simpson continued, "However, we are still in a serious cash flow crunch. The storm and the extended budget delay has dwindled cash reserves. We are working with the state to allow the city advances on revenues that will keep us operating. That is to say there's more work to do.
"Finally," notes Mr Simpson, "and the mayor is adamant about this point-no one should come out looking like a hero here. This whole scenario has been disgraceful and is truly an embarrassment for New York State with one of its largest cities pushed to the brink of bankruptcy over a political power grab."