NYPD13
09-23-2008, 10:07 PM
Last Edited: Tuesday, 23 Sep 2008, 5:26 PM EDT
Created: Tuesday, 23 Sep 2008, 5:23 PM EDT
NEW YORK (AP) -- New York Mayor Michael Bloomberg has ordered all city agencies to cut their budgets as the city looks ahead to possible fallout from the nationwide financial crisis.
Bloomberg's budget director issued the order in a letter Tuesday. Agencies must submit their proposed cuts to the mayor by Oct. 8.
The cuts for this fiscal year must amount to 2.5 percent, or a total of $500 million citywide. Agency heads also must cut their spending for the following fiscal year by 5 percent, for a total of $1 billion in cuts.
http://www.myfoxny.com/myfox/pages/News/Politics/Detail;jsessionid=0FF3AC45655FDB59DFF7CB7A4842392B ?contentId=7496264&version=2&locale=EN-US&layoutCode=TSTY&pageId=3.14.1&sflg=1
http://media.myfoxny.com/pdf/NYCOMBcuts.pdf
It's not looking good for future LEOs.
Created: Tuesday, 23 Sep 2008, 5:23 PM EDT
NEW YORK (AP) -- New York Mayor Michael Bloomberg has ordered all city agencies to cut their budgets as the city looks ahead to possible fallout from the nationwide financial crisis.
Bloomberg's budget director issued the order in a letter Tuesday. Agencies must submit their proposed cuts to the mayor by Oct. 8.
The cuts for this fiscal year must amount to 2.5 percent, or a total of $500 million citywide. Agency heads also must cut their spending for the following fiscal year by 5 percent, for a total of $1 billion in cuts.
http://www.myfoxny.com/myfox/pages/News/Politics/Detail;jsessionid=0FF3AC45655FDB59DFF7CB7A4842392B ?contentId=7496264&version=2&locale=EN-US&layoutCode=TSTY&pageId=3.14.1&sflg=1
http://media.myfoxny.com/pdf/NYCOMBcuts.pdf
It's not looking good for future LEOs.