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New York, NY - Bloomberg, City Council Reach 2010 $60 Billion Budget Agreement |
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Published on:
Jun 15, 2009 at 06:52 PM
News Source: AP
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New York, NY - Mayor Michael Bloomberg and the City Council have reached an agreement on a budget for next fiscal year.
The $60 billion budget includes a sales tax hike of .5 percent. It also means hundreds of city layoffs and job cuts through attrition.
The state must approve the sales tax increase, along with a few other tax measures.
The legislature in Albany is in turmoil over which party is in control, but city officials don't believe that will affect the budget matters that need approval.
Also a deal has been reached to save 16 New York City firehouses.
The fiscal year begins July 1. By law the budget for fiscal 2010 must be approved by June 30.
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Read Comments (10) — Post Yours »
1
Jun 15, 2009 at 07:50 PM Anonymous Says:
Was priority 7 included in budget?
2
Jun 15, 2009 at 07:31 PM Anonymous Says:
What happend with school vouchers?
3
Jun 15, 2009 at 07:30 PM Anonymous Says:
Just keep raising taxes!!!! How about we should gap that anyone that has above 1 Billion Dollars we should tax them 110%.
Don’t kill the middle class
4
Jun 15, 2009 at 08:24 PM Anonymous Says:
Tax tax tax. I'm ready for some service cuts. Yes I repeat service cuts.
But if the City cuts on services they should also cut the jobs, not give them other jobs.
5
Jun 16, 2009 at 12:40 AM Anonymous Says:
is there anythng that's not taxed ?
6
Jun 16, 2009 at 12:22 AM Anonymous Says:
“ Just keep raising taxes!!!! How about we should gap that anyone that has above 1 Billion Dollars we should tax them 110%.
Don’t kill the middle class
”
Not gonna happen when u have a mayor that's a Billionaire Vote for a new mayor maybe then we can save the middle class people Vote For Change!
7
Jun 16, 2009 at 12:20 AM Anonymous Says:
“ Tax tax tax. I'm ready for some service cuts. Yes I repeat service cuts.
But if the City cuts on services they should also cut the jobs, not give them other jobs. ”
I'm not anxious for more taxes either but what services would you like to be cut? Police? Firemen? Garbage pickup? Street repair? Emergency services?
8
Jun 15, 2009 at 11:18 PM Anonymous Says:
That tax increase (just one of many) is actually a 12.5 percent increase in the NYC sales tax. The politicians use the lower number to make it sound smaller...
Speaking of politicians, why isn't Ms. Quinn speaking to Grand Juries about her mis-labeling of those City budget lines? Whatever happened to that investigation?
9
Jun 16, 2009 at 09:10 AM Anonymous Says:
“ I'm not anxious for more taxes either but what services would you like to be cut? Police? Firemen? Garbage pickup? Street repair? Emergency services? ”
I wonder how much taxes you pay? You sound like your on half the programs allready
10
Jun 16, 2009 at 11:44 AM Anonymous Says:
“ I'm not anxious for more taxes either but what services would you like to be cut? Police? Firemen? Garbage pickup? Street repair? Emergency services? ”
Let them cut recycling its all a myth!!!! instead of saying lets go green lets all think green ($$$) Obama has said he is putting together a team that no ceo and coo can get more then a certain amount of money, I would love to audit the government books and see how much money they spend that if it would come out of there own pockets even a 10% then would think twice.
I think for ever $$$ a government official spends on himself he should have to post it on 311