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Interviews with city officials and fiscal monitors provide some ideas.
The fiscal monitors cite other causes of concern.
But fiscal monitors have warned that the Giuliani administration's forecast contained a number of risky assumptions.
The city's growing debt load is causing concern among fiscal monitors.
In keeping with the stern tenor that fiscal monitors usually adopt, he added that many changes still await the county.
It stayed afloat, with help from banks, the state, fiscal monitors, municipal unions and a kicking-and-screaming Washington.
Similar(7)
But he defended his estimates, saying they were essentially in line with those put forward by the Independent Budget Office, a nonpartisan fiscal monitor, which is projecting a surplus of $469 million next fiscal year.
The Massachusetts Taxpayers Foundation, a nonpartisan fiscal monitoring group, estimated that the reforms cost the state $350 million in fiscal year 2010, a little more than 1 percent of the state budget.
You've got to be a fiscal expert -- that's my official designation -- as the fiscal monitor.
Rather, much of the current push comes from years of frustration with what many regard as the agency's resistance to rigorous fiscal monitoring.
Four years ago the State Legislature imposed a fiscal monitoring board to oversee Nassau's finances after the county ran up large deficits and appealed for bailout aid.
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CEO of Professional Science Editing for Scientists @ prosciediting.com