clock menu more-arrow no yes mobile

Filed under:

Check Mate!

New, 11 comments

Mayor Bloomberg's plan to save the city $256 million by canceling the $400 property tax rebate checks for homeowners has taken a lot of heat, and now it looks like it won't happen at all. Yesterday, the mayor's budget director admitted that the mayor does not have the power to stop the rebates. The City Council must approve any such measure, and as Clyde Haberman writes in his Times column today, "that approval is as likely as your winning the Mega Millions lottery." And besides, what would the city do with that $256 million, anyway? Buy another acre of Willets Point land? Yawn. [NYT]