Jonathan GordonApr 13, 2018, 9:24 pm

Bridging the gap: Yonkers mayor offers budget proposal

Mike Spano says current system is ‘unsustainable,’ new model is needed

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YONKERS — Yonkers Mayor Mike Spano announced the details inside of his $1.5 billion budget on Friday, down from the $6.3 million proposal in 2017. Spano says that the rising costs of paying employees is outpacing the money the city produces.

“Our revenues are going up, but all of our costs are going up just a little bit higher. It’s an unsustainable model,” he says.

To close the budget gap, the city is proposing a 1.64 percent property tax increase, cutting nearly 200 fire, police, public works, and parks jobs, as well as joining the state restructuring board to get a $5 million grant.

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