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FOR IMMEDIATE RELEASE
PR- 163-04
June 24, 2004

STATEMENT BY MAYOR MICHAEL R. BLOOMBERG ON FISCAL YEAR 2005 BUDGET ADOPTION

"This budget reflects the priorities of our City and its residents.  This is a sound and responsible budget that is good for all New Yorkers.  It will help us keep the streets clean and safe while we work to improve our schools, create jobs and improve our quality of life. It rewards homeowners with a $400 rebate for stepping to the plate when the City needed them and gives extra help to struggling New Yorkers by extending the Earned Income Tax Credit. I would like to thank the City Council for all the hard work that has led to their adoption of this budget."







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