Who’s minding the city budget store? (Metro NY)

The Metro website is still apparently running on autopilot, so you’ll need to consult the PDF version to see my column from this Monday. The topic, once again, is all the ways New York City spends money without telling anyone:

Last Monday, I noted in this space that while the city council is raked over the coals for handing out millions of dollars in “member items” to favored groups, the mayor doles out billions from the city budget with even less oversight. Over the next three days, the following news items appeared:

When Mayor Bloomberg and then-Gov. Pataki cut a deal in 2005 to give Goldman Sachs about $400 million for a new downtown Manhattan headquarters, they also agreed to give the firm another $321 million if there were delays rebuilding Ground Zero. No one involved thought to mention this to the public… [read more]

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