New York City Mayor Michael Bloomberg yesterday called on state lawmakers to protect the city from proposed cuts in the proposed budget. New York Gov. David Paterson on Tuesday proposed cutting $302 million of local aid to the city in his fiscal 2011 executive budget.
The amount represents 100% of the city’s allocation under the state’s Aid and Incentives for Municipalities program, while the allocation to other municipalities in the state would be cut by 2%. The program will provide an estimated $1.05 billion to localities, including New York City, in the current fiscal year.