Mayor Bloomberg announced this weekend that city agencies must cut a total of $2 billion dollars from their budgets this year and the next. That equals slashing a total of 3 percent of the total budget over the next 18 months. He has also warned of possible layoffs. Meanwhile, he gave raises to some of his staff, but contends those aides are taking on more work as a result of staffing cuts.
In the press...
Photo of City Hall by asterix611/Flickr, used under Creative Commons license.