This argument flies in the face of at least three realities:
1- There is no city deficit that necessitates any cuts. In fact, surpluses in the city’s budget are expected until at least 2010 – according to the Independent Budget Office’s analysis here.
2- At the same time the administration is proclaiming that declining revenue obligates them to make these cuts, they are also insisting on reinstituting property tax cuts and rebates amounting to $1.25 billion – more than enough to fulfill the city’s promise made last year to increase funding for our schools.
3- Education is the only area that the state’s highest court deemed so underfunded as to deprive our children of their constitutional rights – and the administration’s promise last year to increase education spending over four years that now Bloomberg wants to renege on was made to address these illegal deficiencies.
Thanks to Pigs and Fishes Art Services for the inspired visual.