Further, the state may face its own big budget gap.

That would increase its expected budget gap to well over $2 billion.

And the city needs money to close its huge budget gap.

The city does face large budget gaps in the out years.

But doing that would still leave a $1.7 billion budget gap.

Of that, $66 million was used to help close the budget gap.

To close the current budget gap, the state had to use $180 million from its general fund.

At the current spending rate, there would be a $1.5 billion budget gap by the end of the five years.

The cut is to be part of the Mayor's effort to close a $1 billion budget gap.

The budget gap may be even worse than it already seems.