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Controller Says City Can Reduce Deficit By Over $400 million

City Controller Alan  Butkovitz says the city could realize more than $400 million through collecting city debts and putting other cost-saving measures in place.

Butkovitz today released a budget analysis with recommendations on how the city could increase collections and generate new revenue. Butkovitz said the data could help reduce the budget hole of more than $1 billion which the city faces over the next five years. We'll let you know what the city says in response to his suggestions.

Some of Butkovitz's findings:

* There are 62,000 delinquent water cutstomers, who owe $117 million in unpaid bills.

* Going to paperless paychecks would save $400,000 annually.

* The police department is not referring delinquent accounts for private protection to the law department. In March 2006, there were 76 accounts worth a total of $100,000 that were more than 90 days old.

Click here for the complete report.