It’s Budget Time: City Council Rallies for Restorations, While State Lawmakers Strike a Deal
It’s that time of year again–budget negotiation time, as lawmakers hammer out deals on how much the city and state governments should spend, and on what. City Council members have until the start of the next fiscal year, on July 1, to agree on a plan for the city’s spending. Mayor Bloomberg released a $68.7 billion preliminary budget proposal in February, which he boasted would close a $2 billion budget gap without raising taxes. But not everyone, of course, is happy with the Mayor’s plan. Bronx City Council Member Annabel Palma, who represents Parkchester, Soundview, Castle Hill, and Classon Point,
