I’m Not Sure How “Payments In Lieu Of Itemized Expenditures” Becomes “Lulu” But I Like It!
New York City Council Committee chairmanships bring cash payments that are known by the lyrical nickname “lulu”:
Posted: January 18th, 2006 | Filed under: Need To KnowThe much-desired “lulu” will make a revealing visit to the City Council today.
Lulu is the nickname for the stipends Council members receive for chairing the Council’s numerous committees or holding leadership posts. It’s short for payments in lieu of itemized expenditures.
Lulus add from $4,000 to $29,500 to the $90,000 annual salaries of the 51 Council members.
