Mayor Bill de Blasio’s administration reached a contract agreement with the city’s approximately 5,000 school custodians. The nine-year agreement, through Oct. 21, 2016, includes an 18 percent raise and a $1,000 bonus. It also includes health-care savings.
The agreement would cost taxpayers $211 million. The administration says that it is offset by the health-care savings, lowering the net cost to $190 million. But, as in the other contracts signed in the past year, they have not said what will happen if the savings fail to materialize.