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Report of the State Budget Crisis Task Force Full

Report of the State Budget Crisis Task Force Full

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Published by: Casey Seiler on Jul 17, 2012
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 Report of theState Budget Crisis Task Force
FULL REPORT
 
 
Dedicated to Donald D. Kummerfeld
With the deepest sadness and appreciation we dedicate this report to our friend and colleague, DonaldKummerfeld, who passed away on July 5, 2012. Don’s career spanned public service, investment banking,and publishing. As New York’s Budget Director, First Deputy Mayor, and Executive Director of the EmergencyFinancial Control Board, Don played a critical role in rescuing the city from the fiscal crisis that threatened itin the 1970s, a period during which he worked closely with board co-chair Richard Ravitch. Don understoodthe real world of government decision making and helped in many ways to make it more effective. He broughtinsight, rigor, passion, and a life’s wealth of experience to all aspects of this project, which is immeasurablybetter for his contribution. We will miss him greatly.
More information is available atwww.statebudgetcrisis.org
State Budget Crisis Task Force, July 2012
 
1
 Report of the State Budget Crisis Task Force
 
SUMMARY
1
 
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