Bloomberg: NYC to Freeze Hiring, Demands Across-The-Board Cuts ›

Speaking of Bloomberg unicorn magic:

”The Bloomberg administration has put city agencies on alert that they must slash another two percent from their budgets this year, and a whopping six percent in 2013, to cope with a “dire financial situation.”

Agencies including the NYPD, FDNY and the Department of Education have two weeks to submit their suggestions to the city’s budget office, according to a letter sent to city agencies on Tuesday.” 

Note the NYC Department of Education has had 3 straight years of budget cuts, and classrooms are bursting at the seams. The article is worth a read.

Source: DNAinfo, via joshsternberg

#Budget  #New York City  #News  #Politics  #economics  #bloomberg  #unicorns  #magic  #nyc  #cities  #schools  
∞  10/05/11 at 10:15am via joshsternberg
20 notes
  1. crocodileblackpelvis reblogged this from capitalnewyork
  2. lorim reblogged this from capitalnewyork and added:
    When it comes to bad economic news, there’s no end in sight.
  3. inhellsdespair reblogged this from climateadaptation and added:
    Has Bloomberg taken a cut ever?
  4. climateadaptation reblogged this from joshsternberg and added:
    Speaking of Bloomberg unicorn magic:
  5. capitalnewyork reblogged this from joshsternberg and added:
    The agencies that help the city’s poorest residents got their warning from the Bloomberg administration last week:...
  6. inothernews said: Hasn’t Bloomberg basically done this for most of the years he’s been in office? I guess they need a way to pay for the CityTime fiasco.
  7. joshsternberg posted this