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May 26, 2009

A closer look at the Borough President's budget, his marquee Coney project, and the off-books funding via the mayor's office

Atlantic Yards Report

It's 10 a.m. Do you know where your Borough President is spending your tax dollars?

City Council Member and Comptroller candidate David Yassky is on to something with his It's Your Money NYC web site showing recent City Council earmarks. We need a lot more transparency, and it should go beyond the City Council.

After all, do we know what Brooklyn Borough President Marty Markowitz does with his operating budget? Sort of, but it takes a little digging.

Do we know what Markowitz does with his discretionary budget? Not quite.

Do we know what Markowitz does with his capital budget, by far the greatest pot of money he controls?

People might be surprised to learn that some $24.6 million, more than a third of the total this year, is directed to the $64 million amphitheater planned for Asser Levy Park in Coney Island, home of one of the two summer concert series Markowitz has long sponsored.

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Posted by eric at May 26, 2009 10:06 AM