Oral arguments were heard on April 24, 2013, and the Court issued a ruling in early June. The ruling was in the City’s favor. Therefore, the first sale of taxi medallions is planned for the fall of 2013.
<div style=”margin-bottom:5px”> <strong> <a href=”http://www.slideshare.net/LuisTaverasMBAMS/decision-upholds-constitutionality-of-state-law” title=”TAXI MEDALLIONS – Decision upholds constitutionality of state law” target=”_blank”>TAXI MEDALLIONS – Decision upholds constitutionality of state law</a> </strong> from <strong><a href=”http://www.slideshare.net/LuisTaverasMBAMS” target=”_blank”>Luis Taveras MBA, MS</a></strong> </div>
The budget options originate in a number of different ways. Some are included because elected officials, advocates, and other individuals have asked IBO to analyze their potential to cut costs or raise revenue for the city. Other options were generated by IBO’s own team of experts. More than a few have been the subject of public discourse for many years. Members of the public can also suggest options and for the first time this year, IBO invited them to send us their ideas via social media. Fans and followers sent in several thought-provoking suggestions; our option to consider development impact fees came by way of Facebook. It is IBO’s hope that in the years to come we will receive more ideas from our online readership for which we can estimate savings or revenue.
New York Times
On Friday, in a letter to Dennis M. Walcott, the city’s schools chancellor, Mr. King said he would have no choice but to withhold or redirect federal money unless the city submitted plans by Feb. 15 showing it was working toward putting a new teacher evaluation system in place. Specifically, Mr. King said, the city should focus on training teachers and school leaders in carrying out any new plan — something he said had not been done yet.