tariqata
Active Member
Here's Daniel Dale's analysis of the CFO's briefing note, by the way - I know snippets were being posted yesterday but I found it useful to have it all in one place.
Key takeaways for me, and points that I want to see Ford challenged on over and over and over:
Not to mention the "efficiencies" that include highlights such as draws from reserve funds, deferring capital projects, and things like this:
Perhaps someone should also ask Ford if he counted spending Deco's savings and comparing workers' actual raise with a hypothetical higher one that was not even under consideration to be "efficiencies" when he was CFO. I would be fascinated to hear the answer.
Key takeaways for me, and points that I want to see Ford challenged on over and over and over:
Spending is actually going up; Ford and the city haven’t cut the total budget. ... Rather, to come up with their $1-billion figure, they have added up particular moves that have supposedly allowed the city to spend less than it otherwise would have — while ignoring the particular moves that have required the city to spend more than it otherwise would have.
Not to mention the "efficiencies" that include highlights such as draws from reserve funds, deferring capital projects, and things like this:
An $84-million “compensation reduction.” City workers actually got raises in the contracts negotiated under Ford. How, then, was there an $84-million “reduction”? Rossini compared the actual 2012 and 2013 wage hikes with a hypothetical situation in which the union had secured a larger pay hike. “If the city didn’t negotiate the lower increase, the actual increase would have been higher,” spokeswoman Paula Chung explained in November.
Perhaps someone should also ask Ford if he counted spending Deco's savings and comparing workers' actual raise with a hypothetical higher one that was not even under consideration to be "efficiencies" when he was CFO. I would be fascinated to hear the answer.