FOR IMMEDIATE RELEASE
January 17, 2007
MAYOR BLOOMBERG SIGNS LEGISLATION EXTENDING THE DATE FOR SUBMISSION OF THE PRELIMINARY BUDGET TO THE CITY COUNCIL
Remarks by Mayor Bloomberg at a Public Hearing on Local Law
“The first bill before me is Introductory Number 495, sponsored at the request of the Administration by Council Members Weprin, Gerson and Seabrook.
“Introductory Number 495 extends the date for the submission of the Preliminary Budget to the City Council by approximately four weeks from January 16 to February 12 and makes corresponding adjustments for the other Charter mandated actions required during the preliminary budget process.
“This action is necessary so the City can more fully assess its fiscal outlook before submitting the Preliminary Budget.
“I would like to thank the Office of Management and Budget and the City Council for their work on this bill.”
Stu Loeser (212) 788-2958
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