Faced with an estimated $2 billion budget gap, the city's mayor proposed a nearly 17 percent reduction in the amount allocated the previous year to maintain the city's major cultural institutions and to subsidize hundreds of local arts groups.
(A)proposed a nearly 17 percent reduction in the amount allocated the previous year to maintain the city's major cultural institutions and to subsidize
(B)proposed a reduction from the previous year of nearly 17 percent in the amount it was allocating
...
(A)proposed a nearly 17 percent reduction in the amount allocated the previous year to maintain the city's major cultural institutions and to subsidize
(B)proposed a reduction from the previous year of nearly 17 percent in the amount it was allocating
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