If there’s anyone cleaning up on Wall Street these days, it’s the NYPD.
Cop overtime costs have soared to at least $3.4 million in response to the ongoing Occupy Wall Street demonstrations that began last month, city officials said, and findings released Tuesday by the nonpartisan Independent Budget Office show New York’s Finest have been earning even more for working extra hours.
In fiscal year 2011, which ended in June, police overtime hit $549.5 million — surging from $412 million in 2006, the IBO said, adding that some of that growth also includes wage increases.
“It’s likely that we’ll see substantial overtime costs for Occupy Wall Street and other goings-on around town for some time,” the IBO warned.
While events requiring police overtime don’t typically last as long as the Occupy Wall Street movement, they all add up.
Even welcomed events, such as a Yankees-Red Sox game, have resulted in significant NYPD costs, IBO data show.
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