Mayor David N. Dinkins of New York City yesterday presented a $210 million gap-closing plan for fiscal 1992 and a revised financial plan for fiscal 1993 through fiscal 1993 that includes a proposal to eliminate about $3 billion of proposed property tax increases and reduce the city work force by 31,000.

The Dinkins administration admitted it made the unusual move of presenting the revised four-year plan and a preview of fiscal 1996 early in the hopes of gaining support from bond raters, fiscal monitors, the state, and the Municipal Assistance Corporation for the City of New York. The revised four-year plan is usually presented each January.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.