Bloomberg announces proposed city budget

Mayor Michael Bloomberg has presented his proposed city budget for the 2013 fiscal year. The budget includes a plan to use nearly half a billion

BROOKLYN - Mayor Michael Bloomberg has presented his proposed city budget for the 2013 fiscal year.

The budget includes a plan to use nearly half a billion dollars in settlement money from the CityTime scandal to plug a $6.8 billion shortfall. The mayor said tax revenue was bolstered by growth in some areas, including tourism, but that it wasn't enough to balance the losses.

After-school programs are expected to take a $170 million hit, but Bloomberg promised to increase law enforcement funding in order to keep streets safe. He also said he won't impose new taxes on New Yorkers.

Bloomberg has until the end of June to negotiate a final version with the City Council.

advertisement | advertise on News 12

Trending Video

News 12 Brooklyn asked residents what they think 1 Word on the Street: Amazon Go
The 25-year-old had just recently started work at 2 Police look to question ex-boyfriend in death of correction officer
Construction crews are making repairs to a sinkhole 3 Crews repair sinkhole that disabled school bus in Brooklyn
Police have released a surveillance video they say 4 Video shows suspect vehicle used in drive by shooting in Brooklyn
5 Brooklyn Sportscast, Dec. 6

advertisement | advertise on News 12

Features

Furry Friends is a weekly segment on News Furry Friends

Furry Friends is a weekly segment on News 12 Brooklyn nightside.

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE