© 2024 Michigan State University Board of Trustees
Public Media from Michigan State University
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

NYC Hikes Property Taxes, Slashes Services

New York City approves changes in its budget that slashes many city services and raises property taxes by 18.5 percent -- the biggest property-tax hike in decades. Budget woes prompted Mayor Michael Bloomberg to rethink his opposition to new tax increases. Fred Mogul reports.

Copyright 2002 NPR

Journalism at this station is made possible by donors who value local reporting. Donate today to keep stories like this one coming. It is thanks to your generosity that we can keep this content free and accessible for everyone. Thanks!