NBC: NYC Hall Orders $1.75B in Additional Budget Cuts

bcut.jpgNYC agencies have been asked for plans to cut $550 million from this year’s budget and between 1.2 billion from next years budget,” NBCNewYork.com is reporting.� Uniformed agencies – cops and fireman – and the Department of Education will face a duller budget axe, with smaller cuts expected.� Other city agencies will have to cut deeper, according to Office Management and Budget memo obtained by NBCNewYork.com.

The new cuts would come on top of $3-plus billion dollars in cuts already enacted.

Today’s news comes just minutes before Albany lawmakers are scheduled to convene to address the state’s $3-billion budget deficit.�The timing may not be a coincidence.� So far there is no deal on how to close the state budget gap but State cuts could leave NYC at least an additional billion dollars in the hole.

(Source: NBC New York)

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