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City Council Financial Disclosures Show Less Outside Income Than Years Past

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The City Council is responsible for approving the city's $75 billion budget. But how do they manage their own wallets? NY1's Courtney Gross filed the following report.

Working at City Hall isn't exactly nine to five.

"Although the city council role is classified as a part-time job, some of us don't have the luxury or the latitude to operate as a part-time job," says City Council Robert Cornegy of Brooklyn.

A review of financial disclosure forms from the New York City Council show the council members may be less inclined to moonlight when they are off the clock.

While in years past, legislators raked in hundreds of thousands of dollars in law practices, the vast majority of the new Council is working only here for an annual salary of about $112,000 dollars a year.

"This job is all consuming. I don't think I could have another source of income or another job even if i wanted to," says City Councilman Mark Levine of Manhattan.

"While I am an adjunct, I haven't worked that role since becoming a Council member. The time doesn't allow for that," says Cornegy.

There are still a few members who have lucrative outside gigs, like Peter Koo, who made at least $54,000 last year from his pharmacy and real estate businesses in Queens.

The recently indicted Ruben Wills of Queens still operated a consulting business in 2013. He told NY1 he only did quote "light work" there.

"The city needs to make up its mind whether a member of the City Council is a full time job or not. We would argue that it probably should be. And that greater restrictions on outside income should be placed upon the Council members," says Dick Dadey of the Citizens Union.

Several Council members are landlords and collect rental income—Brad Lander and Inez Barron in Brooklyn and Daneek Miller in Queens.

Maria del Carmen Arroyo had luck elsewhere—she says she won a bit over $5,000 at state racinos last year.

Still other members of the City Council have the opposite problem—massive debt.

Councilman Jumaane Williams has between forty thousand and three-hundred and fifty thousand dollars in debt, mostly from credit cards.

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