« Thies to leave Yassky for PR firm | Main | New gripe against Barclays »
March 23, 2007
Mayor holds firm on budget cuts
amNY
By Emi Endo
Mayor Michael Bloomberg Thursday brushed off complaints about his recent call for city agencies to tighten their belts.
Two months after announcing that a whopping $3.9 billion in unexpected revenues would end this fiscal year on a high note June 30, his budget director has asked this week that each agency head to propose 1.5 percent cuts until then and 4 percent cuts for the next fiscal year. ...
The Department of Education was the only department not asked to recommend cuts.
NoLandGrab: Don't forget Bloomberg's 105% budget increase for the Deparment of Bruce Ratner (link) — and that's just for starters.
Posted by lumi at March 23, 2007 6:58 AM