Posts tagged with the keyword: ‘cuts’

City Warns Albany Budget Cuts Could Lead to Senior Center Closures

City Warns Albany Budget Cuts Could Lead to Senior Center Closures

The Bloomberg administration may need to close 105 senior centers — 40 percent of the entire system — if Albany makes good on a budget cut of approximately $25 million, city officials said on Thursday. The proposed closing would affect 8,000 of the 28,000 people who visit the centers for meals, friendship and activities. And [...]

Edward Mangano to Slash Payroll to Fill Budget Gap

Edward Mangano to Slash Payroll to Fill Budget Gap

Nassau County Executive Edward Mangano announced a $22 million cut Monday in overall public payroll for the year. Mangano’s mission is to slash patronage hiring in the county’s departments as part of a concerted effort to fill the county’s nearly $50 million budget gap — about $20 million of which resulted from his repeal of [...]

Governor Pushes New York State Spending Cap

Governor Pushes New York State Spending Cap

New York Gov. David Paterson is pressing a state spending cap on a reluctant Legislature and pushing back against his lieutenant governor’s reported plan to borrow billions over several years to escape a fiscal crisis. Paterson says Tuesday that spending is the state’s top problem and it must be curbed or capped before resorting to [...]

Federal Jobs Bill Would Give New York Billions in Aid

Federal Jobs Bill Would Give New York Billions in Aid

A federal jobs bill expected to pass next week in Washington is expected to bring $2.3 billion in budget aid to New York state, and another $700 million to help counties and New York City. Sen. Chuck Schumer says the aid could help the state and counties to avoid cuts in spending, layoffs, or increased [...]

MTA Holds Final Public Hearing In Manhattan

MTA Holds Final Public Hearing In Manhattan

Dozens of concerned straphangers headed down to Chelsea Thursday night as the Metropolitan Transportation Authority held its fifth and final public hearing over proposed service cuts. More than 150 people signed up to speak inside the auditorium at Manhattan’s Fashion Institute of Technology. Many who attended were upset with the agency’s plan to get rid [...]

NY State Considers Bailing Out St. Vincent’s Hospital

NY State Considers Bailing Out St. Vincent’s Hospital

Saint Vincent’s Hospital is getting some help from the state to deal with its financial crisis. NY1 has confirmed that Governor David Paterson is authorizing $6 million for the cash-strapped hospital to help it make payroll. The funds will come out of a hospital restructuring program supervised by the state. The governor will meet with [...]

Mayor Bloomberg Wants to Tax Jet Fuel, Raise Parking Fees To Cover Budget Shortfall

Mayor Bloomberg Wants to Tax Jet Fuel, Raise Parking Fees To Cover Budget Shortfall

The sky isn’t the limit when Mayor Bloomberg tries to balance the budget. He proposed a sales tax on airplane fuel yesterday as part of his spending plan for the 2011 fiscal year, a move that could mean the cost of flying will soar. Drivers weren’t spared either – parking fees in Manhattan will jump [...]

Education Panel Shuts Down 19 NYC Public Schools

Education Panel Shuts Down 19 NYC Public Schools

The city’s Panel for Education policy voted to shut down 19 chronically underperforming schools. The hearing, which began Tuesday night at the Brooklyn Technical High School in Brooklyn, stretched into the morning before a single vote was held. The panel voted 9-4 to close the schools at 3 a.m. after a raucous nine-hour meeting. The hearing was [...]

FDNY Budget Cuts Could Mean Closure of Firehouses

FDNY Budget Cuts Could Mean Closure of Firehouses

The FDNY is facing drastic cuts – even the possibility of closing firehouses – as the city grapples with a devastating budget crisis, the Daily News has learned. FDNY officials and Mayor Bloomberg’s staffers have met to negotiate the upcoming budget, and, while it’s a last resort, firehouse closures are “on the table,” Fire Commissioner [...]

New York State’s Unemployment Rate Climbs to 9 Percent in December

New York State’s Unemployment Rate Climbs to 9 Percent in December

New York State’s seasonally adjusted unemployment rate climbed over the month from 8.6 percent in November to 9.0 percent in December 2009, matching a 26-year high, the State Labor Department reported today. The number of unemployed state residents increased from 832,200 to 868,600 over the same period. In December 2009, New York State’s seasonally adjusted [...]

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