One question that apparently doesn’t seem to have been asked by the BOE upon hearing Corda wanted to cut the news stand in City Hall was how much revenue comes in from the news stand. We know, from The Hour report, that $40k was the operational cost. At least from the budget perspective. But a full P/L, profit and loss report, would have provided the detail necessary to determine if, in fact, the news stand operated at a loss. It would be quite the dubious decision to have cut an operation that had real world educational merits and didn’t really cost anything to run.
Fortunately the news stand will run under the auspices of a private entity. The Building and Land Use Common Council Committee took care of that. Apparently this BOE doesn’t see the value in maintaining an educational path outside of taking tests. Too bad.
