Q&A
Inquiry on the necessity of PEGs for fiscal health
1:59:10
·
27 sec
Council Member Williams questions the necessity of Program to Eliminate the Gap (PEG) implementation given the current year surplus. IBO Director Louisa Chafee responds to the inquiry.
- The administration continues to implement earlier round PEGs despite the current year surplus
- IBO clarifies that these PEGs are a policy choice by the administration
- The PEGs are not required for the stability of the city's fiscal health
Nantasha Williams
1:59:10
So what well, excuse me.
1:59:13
While the administration rescinded the call for an executive plan PEG and restored some PEGs from prior plans, They continue to implement earlier round PEGs even though there is a current year surplus.
1:59:24
Does IVL see these PEGs as necessary to the fiscal health of the city?
Louisa Chafee
1:59:31
They are a policy choice by the administration.
1:59:34
They are not required for the stability of the city's fiscal health.
