Gothamist

A non-profit newsroom, powered by WNYC.

Gothamist

WNYC Listen Live

Donate

 

 

News

Bloomberg Announces Big Budget Cuts for NYC


By

John Del Signore

Published Nov 5, 2008

Modified Nov 5, 2008


Share

FacebookTwitterRedditEmail


Never miss a story

 Email address

By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .


By

John Del Signore

Published Nov 5, 2008

Modified Nov 5, 2008


Share

FacebookTwitterRedditEmail


We rely on your support to make local news available to all

Make your contribution now and help Gothamist thrive in 2026. Donate today

Gothamist is funded by sponsors and member donations

2008_11_blobudg.jpgIn announcing an update to the city's $59 billion budget today, Mayor Bloomberg detailed a wide range of painful budget cuts. With a "cumulative $4 billion budget gap for FY 2009 and FY 2010," the cuts include "$1.5 billion in savings achieved through spending reductions and other measures, rescinding the 7 percent property tax reduction immediately, and not issuing the $400 property tax rebate." After voting yesterday, Bloomberg told reporters that the cuts were needed to plug an anticipated $4 billion budget shortfall, saying, "We don't know just how deep this recession is going to go or for how long."

Bloomberg has asked all city agencies find a way to cut spending by 2.5 percent this fiscal year, which ends next June, and cut another 5 percent the following year. He will reduce the city workforce by more than 3,000 employees by laying off 600 workers and dropping the rest through attrition. About 475 of those jobs are at the Department of Education, but officials tell the Times the cuts "would not affect classrooms." And over 50 positions will be eliminated from the Mayor's office.

Two hundred staffers will be cut from the New York City Housing Authority, and 600 workers eliminated from parks, street cleaning and children’s services. The plan will also shorten the time firefighter trainees spend at the academy and cut back on nighttime operations at several firehouses. According to the Times, David I. Weprin, chairman of the City Council’s Finance Committee, vowed to closely examine the administration’s numbers and to hold rigorous hearings: "There’s no question we’re going to have a terrible time next year, but the actual revenue numbers are not there yet to justify tax increases being essential."

Tagged

budget

Budget cuts

layoffs

mayor bloomberg


John Del Signore

Twitter

Originally from the Albany area, John Del Signore has called NYC home since 1995. In addition to his thousands of meticulously-crafted bespoke blog posts for Gothamist, his writing has also been published in The Awl, Deadspin, The Nervous Breakdown, and performed at The Brick Theater in Brooklyn.

Read more

Gothamist is funded by sponsors and member donations


Gothamist is funded by sponsors and member donations


MORE news

Central Park birders, others remember 63-year-old woman killed in park

People who said they knew her described her as an artist and a familiar presence in the Ramble.

By

Charles Lane

Published Sep 28, 2026 at 7:04 p.m. ET


Dump truck driver hits and kills cyclist on 34th Street in Midtown, NYPD says

It's the latest in a string of hit-and-run deaths in the city in recent months.

By

Liam Quigley

News

Dump truck driver hits and kills cyclist on 34th Street in Midtown, NYPD says

It's the latest in a string of hit-and-run deaths in the city in recent months.

By

Liam Quigley


New ingredient mandated for Latin American kitchen, restaurant plates in NJ

By

Arya Sundaram

A Brooklyn jail cell filled with smoke. The emergency button failed, a lawyer said.

By

Samantha Max

Crews launch tunnel machines to dig first new Hudson River rail tunnels since 1910

By

Michael Sol Warren


Never miss a story

Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.

Sign upEmail address

By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .