'This is gonna hurt:' Bloomberg on the budgetary implications of the taxi plan defeat

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Bloomberg in front of a race car, in Williamsburg. Dana Rubinstein

4:31 pm Aug. 20, 2012

Mayor Michael Bloomberg today said the recent defeat of his plan to bring taxis to the outer boroughs may inflict some pain come budget season.

"We just can't have as many people doing as many things if we don't have the money, plain and simple," he said today, at an event in Williamsburg. "And this is gonna hurt us."

On Friday, a lower court judge declared "null and void" the mayor's plan to bring taxi service to the outer boroughs and sell 2,000 wheelchair-accessible yellow taxi medallions, arguing that the Bloomberg administration illegally circumvented the City Council by not first requesting its approval before winning passage of the legislation in Albany.

The administration has promised to appeal, and the law might well be on Bloomberg's side. But such things take time to wend their way through the legal system. Meanwhile, this year's budget (fiscal year 2013) relies on more than $600 million in anticipated revenue from sales of those taxicab medallions.

The remaining projected medallion-sale revenue—more than $800 million—is spread out through the 2015 fiscal year.

Asked if his comments meant layoffs, the mayor was vague.

"Government is hiring people to provide services," said the mayor. "So if you spend less you have fewer people. There's two ways to have fewer people. One is through attrition and one is through layoffs. And, attrition doesn't work very well in a slow economy."

Comments (2)
nobloomberg wrote on August 20, 2012, 10:52 PM [Link]

http://youtu.be/4pj_Mk2JOEQ Here is what you did not see and that was me heckling Mike Bloomberg for CityTime and ECTP the 911 tech system that cost tax payers only 2 billion 14 million dollars....Mike and Christine Quinn with city council green lighted a billion 14 million dollar over ride unlike CityTime corruption which was 700 million tax payer dollars.

nobloomberg wrote on August 20, 2012, 10:53 PM [Link]

Sad I had to try how many accounts to post this. Censorship lives -- first amendment rights are flushed down the toilets.

Thank you for making me spend 15 minutes to post my YouTube.

http://mayorbloombergkingofnewyork.blogspot.com/2012/08/mayor-bloomberg-...

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