
And promises PowerPoint for all!
In a nutshell, Mayor Bloomberg's final budget of this term is a "$48.3 billion budget [that] puts the City on firm financial footing while closing a $3 billion budget gap, maintaining City services and not raising taxes" - according to the press release. Other highlights: The $400 property rebate is back; NYC is still paying $13 billion more in federal taxes and $11 billion more in state taxes than it gets back from either; and NYC should improve its infrastructure.
More tomorrow, but the NY Times calls it a "mostly status-quo" budget in an election year and points out that $300 million for libraries was left out of the budget, thereby giving the City Council yet another thing to bite on.





is that an apple 30 inch cinema display in the BG? that shit looks DOPE!!! oh, and fuck bloomie!
I say f*ck the state and federal governments! Give us our money back bitches! Why would they want money from gay, left-wing, abortion loving, god hating folks in the first place?
The moral thing would be for them to refuse it, lest they become like us!
Well, at least they can't take our sushi away from us.
I am obviously mathematically challenged. Just how does one close a $3 billion budget gap with a "mostly status quo" budget? [BTW, my NYTimes today said the deficit was $1.5 billion, not $3B--but then I do get the unabridged version of the NYTimes.]
And--NYC can also expect to receive less money in state assistance based on Gov. Pataki's proposed state budget.