Facing Historic Drop In Property Tax Revenue, De Blasio Proposes Austerity Budget

Facing Historic Drop In Property Tax Revenue, De Blasio Proposes Austerity Budget

Gothamist

Published

Mayor Bill de Blasio at a press conference on Wednesday at City Hall.

In the most dire revelation of the day, the mayor's office said that the city's property tax revenues are projected to drop by $2.5 billion, a staggering decrease. [ more › ]

Full Article