NYPD Contract

Since only New York and Los Angeles can be thought of as "comparable" to the CPD, this could be good news:

• Mayor Michael R. Bloomberg called a news conference at City Hall this afternoon to announce a tentative agreement with the Patrolmen’s Benevolent Association, the union that has most openly clashed with the mayor during his six and a half years in office, on a contract that would give 23,000 police officers a 20 percent raise over four years and increase salaries for rookie officers to almost $42,000 a year, from $36,000.

  The contract would cover a four-year period, from Aug. 1, 2006, to July 31, 2010. If the deal is ratified by the officers, it will be the first time since 1994-95 that the police will be working under a current contract. For more than a decade, officers have been working as their union leaders grappled with the city over contracts that were applied retroactively, often under the supervision of arbitrators. The deal will allow officers to “focus on their jobs without the distraction of contractual disputes,” Mr. Bloomberg said.

  The union’s past three contracts under the Bloomberg administration were reached under binding arbitration, not consensual negotiation.

A FOUR-year deal at an average of 5% in a recession. FOP, are you taking notes? With all the Olympic cash Daley is sitting on, this should be a playbook for your presentation. Daley isn't allowed to sit on "Olympic cash." He has to provide for public services first, then anything left over can be applied to his Olympic debacle dream.

UPDATE: We have no idea what we divided to get that wrong figure. Post corrected for math.