Mayor Bloomberg, City Council reach deal on budget

Homeowners and business owners in Brooklyn and the rest of the city are getting some good news.Mayor Bloomberg (R-NYC) and the City Council have agreed

BROOKLYN - Homeowners and business owners in Brooklyn and the rest of the city are getting some good news.Mayor Bloomberg (R-NYC) and the City Council have agreed on how to spend the city's $59 billion budget. Property taxes will be decreased by 7 percent, instead of the 5 percent initially proposed. The budget will also focus on education, with $21 million going to CUNY colleges to keep full-time professors and hire additional ones. In addition, money will be allocated to create more full-day, pre-kindergarten spots.Under the budget agreement, funds will also be provided to buy bulletproof vests for auxiliary officers and for a new police academy.

advertisement | advertise on News 12

Trending Video

Two teens attempting to jump from one rooftop 1 Teen dies trying to jump between rooftops
The organization works in neighborhoods to help promote 2 Save Our Street talent show takes over P.S. 289
Hundreds were on hand to honor an FDNY 3 Family, friends say final goodbye to fallen FDNY EMT
The daughter of a woman killed 10 years 4 Woman seeks to reopen mother's unsolved murder case
Organizers say they are still accepting memorabilia and 5 'Remembering World War I Project' works to preserve history

advertisement | advertise on News 12

Features

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