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New York City Budget

THE MUNICIPAL BUDGET FOR EDUCATION IN NEW YORK CITY: 1996-1997

New York City's budget function is a split calendar year process (Birger, 1996, p. 11). Thus, the budget developed in the first-half of 1996 will finances the functioning of city departments for the last-half of 1996 and the first-half of 1997. Thus, the budget enacted in early-1996 is the 1997 budget. For the 1997 budget, the Giuliani administration is considering reducing the city's police force by 1,000 officers in order to help close a $2 billion budget gap. Considered also were funding reductions in the budgets for transit and education (Birger, 1996, p. 11).

Although New York city has had larger budget deficits in the past, the problems appear to be more intractable in the contemporary period because of the severe budget reductions effected by city administrations since the mid-1980s. New York City, however, it not permitted legally to incur a budgetary deficit. Therefore, cuts will be made to assure that the city's budget remains imbalance. The city's annual budget problems also cause investors in municipal bonds to become nervous, which in turn, can intensify the city's budget problems (Birger, 1996, p. 11).

The city administration does not have a great deal of flexibility in how the budget can be pared. On the labor side, the city has already reached agreements with the unions to protect jobs, including teachers and other school employees. Thus, budget cuts must come from maintenance, construction, and program budgets (Birger, 1996, p. 11).

Thus, in the New York City public school system, the textbook shortage has caused the Board of Education and the city's publishing industry to jointly launch a drive to raise money and book donations to provide $19 million worth of new books and educational materials to New York City schools. Called the Emergency Book Fund (EBF), the drive was initiated by Beverly Chell, vice-chairwoman of K-III Communica...

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New York City Budget. (1969, December 31). In LotsofEssays.com. Retrieved 10:23, March 29, 2024, from https://www.lotsofessays.com/viewpaper/1694335.html