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Fiscal Year 2007 Preliminary Budget Presentation
 
Mayor Bloomberg announces his Fiscal Year (FY) 2007 Preliminary Budget and presented an updated four-year financial plan for New York City.  The $52.2 billion budget maintains the City’s firm financial footing in the near term and uses one-time resources to help fund $3.5 billion in long-term health care costs, pay-go capital and debt reduction.  In addition, the Mayor proposed pension reform to curb spiraling pension costs and protect the City’s ability to fund necessary services and provide wage increases to municipal employees.  

Mayor Bloomberg announces his Fiscal Year (FY) 2007 Preliminary Budget and presented an updated four-year financial plan for New York City.  The $52.2 billion budget maintains the City’s firm financial footing in the near term and uses one-time resources to help fund $3.5 billion in long-term health care costs, pay-go capital and debt reduction.  In addition, the Mayor proposed pension reform to curb spiraling pension costs and protect the City’s ability to fund necessary services and provide wage increases to municipal employees.
Mayor Bloomberg announces his Fiscal Year (FY) 2007 Preliminary Budget and presented an updated four-year financial plan for New York City.  The $52.2 billion budget maintains the City’s firm financial footing in the near term and uses one-time resources to help fund $3.5 billion in long-term health care costs, pay-go capital and debt reduction.  In addition, the Mayor proposed pension reform to curb spiraling pension costs and protect the City’s ability to fund necessary services and provide wage increases to municipal employees.
Mayor Bloomberg announces his Fiscal Year (FY) 2007 Preliminary Budget and presented an updated four-year financial plan for New York City.  The $52.2 billion budget maintains the City’s firm financial footing in the near term and uses one-time resources to help fund $3.5 billion in long-term health care costs, pay-go capital and debt reduction.  In addition, the Mayor proposed pension reform to curb spiraling pension costs and protect the City’s ability to fund necessary services and provide wage increases to municipal employees.
 

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