Mayor Bloomberg's plan to end his $400 propety tax rebate hit a major roadblock on Monday, as City Council members said they're prepared to fight the mayor to keep the rebate alive.
The clash came at the first of ten budget hearings being held this month to deal with the city's financial crisis.
"Taking it away is the very antithesis of an economic stimulus package," Councilman Lewis Fidler said of the property tax rebate, which Bloomberg introduced in 2004. "It's an extraordinarily bad idea and I think we here in the council believe you don't have the legal authority to do it without coming here for our approval, and I doubt you would get it."
To underscore the point, Finance Chairman David Weprin produced an document from the city's budget office that states that rescinding the $400 property tax rebate requires legislative approval.
Bloomberg, who was in Washington on Monday, said the city's dark financial outlook doesn't change either way.
"If we don't do that, we are going to have to cut another quarter of a billion dollars out of our expenses," the mayor said.
Spurning Mayor, Council Vows To Keep Property Tax Rebate
Add one more to the list: Eliminate the Community Affairs Unit.