COMPTROLLER LIU STATEMENT ON THE MAYOR’S EXECUTIVE BUDGET

New York City Comptroller John C. Liu stated the following in response to questions about Mayor Bloomberg’s FY 2012 Executive Budget:

“While the Mayor’s Budget presents a picture reflective of the lingering effects of the recession, it should be noted that throughout the economic crisis, City agencies have spent billions of dollars on high-priced outside consultants resulting in runaway spending on technology-related contracts.  Unfortunately, the Executive Budget offers no respite. The continued lack of oversight of subcontractors working on City projects has resulted in the City being bilked out of millions of dollars - dollars that could have been better utilized elsewhere.

Although the Mayor has heeded our concerns and acknowledged that more needs to be done to rein in spending on consultants, now is the time to fully rethink the proposed spending plan on IT projects, especially within the Department of Education.  As we have seen in recent months, there are serious gaps in the DOE’s ability to properly keep track of their prime and subcontractors.

Before we commit critical funding towards more technology contracts, we must consider the necessity of these projects when compared to the proposed service and personnel cuts the Mayor has put forth.

As our local economy continues its gradual recovery from the recession, I am hopeful that some of the most painful cuts proposed in the Mayor’s Budget will be able to be mitigated.  I look forward to analyzing the Mayor’s Budget and presenting my findings.  In the meantime, my office will continue to scrutinize and restructure when necessary each contract that comes through our door as well as audit City agencies to find savings.”