Estimated Saving Near $40,000,000
YONKERS, NY — Yonkers City Council Republicans today proposed a “Fairness Plan” aimed at restoring many of the cuts proposed for the Yonkers School System while keeping taxes and spending low.
The three point plan calls upon all city employees to contribute to balancing the budget by means of shared sacrifice. Specifically the plan calls for:
• A total 5% salary give back averaged across all city employees and elected official depending on current salary – Estimated savings-$21 million
• An immediate across the board wage freeze – Estimated savings-$10 million
• An immediate freeze on contributions to Union welfare funds- Estimated savings-$7.2 million
Total estimated savings = $38,200,000.
“At the same time that we are talking about setting up a new Public Authority for financing and certain Councilmembers are threatening to resurrect the Control Board, the solution is right in front of us and we can do it ourselves” said Minority Leader John Murtagh. “Yes, it requires sacrifice but every family in Yonkers is making similar sacrifices and shared sacrifice certainly beats massive job losses, program cuts and a leap backward for the Yonkers Public Schools”.
Councilman John Larkin, himself a certified teacher, said “Three simple steps would all but wipe out the shortfall we are struggling to address. It is time for all stakeholders to come together for the good of the City”.
“We cannot pretend that government is immune from the effects of the economy that have battered the private sector” remarked Councilman Dennis Shepard, “Small businesses and private sector employees all across the country are cutting back and reassessing how they do business. City Hall and the Board of Education must do the same”.