Bloomberg’s $65.6 Billion NYC Budget Reduces Teachers
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New York Mayor Michael Bloomberg presented a $65.6 billion preliminary budget for next fiscal year that would reduce the city’s 78,000 teachers by 6,166.
The mayor, 69, said the biggest U.S. city also might have to fire hundreds of other workers if lawmakers in Albany reject $600 million in state aid he’s already placed in the budget. The amount includes unrestricted revenue-sharing funds, school aid and a request to end a $12,000 yearly supplement to pensions for retired police and firefighters.