Zellnor Myrie: “Misprojections led to close to $3 billion in misforecasting…”

“The average cost of rent in this city is $4,000. There was just a report by the state comptroller that told us that Misprojections led to close to $3 billion in misforecasting of what we had. If we accurately project how much money we have, I think that we have about $2 billion that we can be spending on the things that I mentioned.” (02:03–02:09)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.