33 CITY AGENCIES ASK 1.07 BILLION; 60% CUT ORDERED; Capital Budget Request for 1964-65 Is Highest Ever Made for New Money HEARINGS START TODAY Schools Seek 238 Million, 4 Million Less Than in an 8-Month Period
Planning Comm repts 33 agencies ask record $1,072,592,472, '64-65; Chmn Ballard says requests must be cut 60% to keep budget within debt limit; projected ceiling is $436,400,000; requests for 5-yr program total $3,340,638,643; projected ceiling is $2,000,700,000; cutting seen difficult because of many long-deferred projects; renewal requests total $29,110,980; requests for new debt-exempt money total $193,608,731; table, by agency