Collecting more than $500 million in fines and fees. The city's currently owed $800 million by landlords in fines that the city has not collected. If the city reduced procurement costs by 1%, that would save $300 million. If the city hired the fiscal auditors that the independent budget office recommended, we'd raise more than $160 million a year. So there are many options on the table. (04:53–04:58)
CLAIM
Asserts that reducing procurement costs by 1% would save the city $300 million.
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