The Mayor also plans to call for cuts in some programs.
But it is $700 million less during the next three years than what the mayor originally planned.
The mayor also plans to lay off 20 people in the chief medical examiner's office, about 5 percent of the staff.
The release said the Mayor planned for the authority to issue bonds.
The Mayor plans to cut the remainder of the 15,000 jobs through attrition.
Whether the Mayor plans to sign the bill into law remains unclear, but his defiance on the matter of the commission is not.
Officials said the Mayor was planning to reduce city spending by $600 million, roughly half of that through eliminating jobs.
The mayor plans to get a smallpox shot, he says, to send an example to health care workers that the vaccine is safe.
The mayor had planned to cut school aid, and the council fought to restore it.
The Mayor is planning to build a gateway area just west of the city, a site now covered with old railroad yards.