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January 26, 2007

Bloomberg Cautious Even as City Records $3.9B Surplus

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NY Sun

Get out your wallets! The Mayor presents his new budget plan...

On the capital side, it earmarks money for dozens of projects, including $350 million for the Jacob K. Javits Center, $320 million for redevelopment in Coney Island, and $205 million for the Atlantic Yards Project in Brooklyn. It also includes $28.4 billion in school construction spending through 2017, and increases subsidies for the city's public hospital system. It assumes that Governor Spitzer will increase state education spending for the city by $1.9 billion annually.

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Posted by amy at January 26, 2007 11:00 PM