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New York City Participatory Budgeting Program
The Participatory Budgeting program allows residents to help develope and vote on proposals for capital improvement projects in their district- funds come from local city council members discretionary funds. Currently in New York City four council members districts are using this progam. Brooklyn- Jumaane D Williams (D Flatbush) and Brad Lander (D Park Slope) , Manhattan - Mark Viverito, Queens- Eric Ulrich. Meetings are open to residents of the participating districts and the final vote will take place in March of 2012 where residents will vote on which projects to fund.
This program allows residents to participate and be active in how their tax dollars are spent. So when you are looking to buy Brooklyn Real Estate its a great option to consider whether or not you will have a direct impact in terms of how some city council discretionary funds are spent in your community.
Here is a related article regarding participatiory budgeting
Participatory Budgeting
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