Mayor Bloomberg Releases Preliminary FY 2012 Budget : 10 Year Capital Plan reduced by 10%

On February 17, 2012, Mayor Bloomberg released his preliminary fiscal year 2012 budget. The budget proposal reduces the 10 year capital plan by 10% rather than 20% as originally proposed.  A copy of the Mayor's financial plan can be found at http://www.nyc.gov/html/omb/downloads/pdf/sum2_11.pdf.