http://online.wsj.com/article/AP53394219a3e849b0a97c6e43a4be5bcb.htmlNYC mayor to reiterate plan to cut 6,100 teachers
NEW YORK — The improving economy is boosting the city's projected tax revenue by $2 billion for this fiscal year and the next one, but Mayor Michael Bloomberg is sticking with plans to cut the number of public school teachers by more than 6,100.
Bloomberg's administration said he would call in his preliminary budget proposal Thursday for eliminating 4,666 teachers through layoffs and 1,500 teaching jobs through attrition.
Those losses, representing roughly one out of every 12 teachers in the nation's largest public school system, are the same cuts Bloomberg initially proposed in November in response to a multibillion-dollar budget shortfall.
The mayor's office said Wednesday the city had increased its education funding by nearly $2 billion since June but claimed the cuts remained necessary because of deep slashes to state and federal education funding. The city's combined tax revenue for the fiscal year ending June 30 and the one beginning July 1 is now projected to reach $81.8 billion, up from the $79.8 billion announced in November...