Page "editorial" Paragraph 260

Some fiscal changes are important.

The expense ( operating ) budget is to be a program budget, and red tape is cut to allow greater autonomy ( with the Mayor approving ) in fund transfers within a department.

The capital budget, for construction of permanent improvements, becomes an appropriating document instead of just a calendar of pious promises ; ;

but, as a second-look safeguard, each new project must undergo a Board of Estimate public hearing before construction proceeds.