Mayor Bloomberg released his preliminary budget today which aims to close a $4.58 billion deficit without increasing taxes.
Bloomberg’s budget outlines a plan to soften the worst of the blows suffered from state funding cuts to education and city services. The plan increases education funding to compensate for some of the loss while relying on Read More
In 2006, the Pataki and Bloomberg administrations announced a plan to modernize and grow the Javits Center through a $1.6 billion plan. Both the city and state would put $350 million each toward the project in an effort to make New York catch up to cities nationwide that had bigger, better convention centers.
And, in 2008, Read More
Bleak times for the New York Public Library: it’s facing a $37 million budget cut, the worst in its history. In a plea to the public, NYPL president and CEO Paul LeClerc writes:
If this cut becomes reality when the final City budget is adopted next month, we will be forced to Read More
Here are City Councilmen Robert Jackson, chairman of the Education Committee and Fernando Cabrera, who sits on both the Education Committee and Higher Education Committee [corrected].
With thousands of teacher layoffs proposed by Michael Bloomberg, it’s understandable that these guys were the least happy people walking out of City Hall earlier this morning. Read More