2011 continues to be the Year of the Tightening Belt, as Mayor Bloomberg announced yesterday that city agencies will be forced to cut 2% of their yearly funding to plug a $600 million hole in the budget.
According to the Daily News the "Education Department and the city's uniformed services-Police, Fire, Correction and Sanitation" will feel the hurt, especially Education, as they're already staring down the barrel of 6,000 layoffs (which is still better than the previously estimated number of 21,000). Another 4% is being slashed from the budget of the Department for the Aging, which is already planning to "shutter 100 senior centers."
Given that the mayor has promised to not raise taxes anytime soon, perhaps he can dig into his Paul Stuart suit pockets to prevent New Yorkers from losing their jobs. After all, what's $600 million if $25 million is chump change?
