How Bloomberg Plans to Cut $1 Billion

A corner stone of the mayor’s plan to close the city’s $4 billion budget gap is cutting the city’s expenses

A corner stone of the mayor’s plan to close the city’s $4 billion budget gap is cutting the city’s expenses by about $1 billion

Sign Up For Our Daily Newsletter

By clicking submit, you agree to our <a href="http://observermedia.com/terms">terms of service</a> and acknowledge we may use your information to send you emails, product samples, and promotions on this website and other properties. You can opt out anytime.

See all of our newsletters

Here are some of the ways he plans to do that:

•Police: Reduction of uniform headcount by 1,000 – $48.9 million.

•Fire: Elimination of companies in dual company fire houses or eliminating fifth firefighter on 64 engines – $17.0 million.

•Transportation: Increasing rates for single space parking meters – $16.8 million.

•Children’s Services: Eliminating 549 child welfare positions – $15.5 million.

•Children’s Services: Reducing low priority child care services and foster care boarding home rates – $12.8 million.

•Parks: Reducing seasonal aides by 167 positions – $5.6 million.

•Libraries: Reducing City subsidy by 7 percent – $20.1 million.

•Aging: Reducing senior center funding by 5 percent – $5.3 million.

 

How Bloomberg Plans to Cut $1 Billion