Even with the restoration of planned cuts to 16,000 child care slots, Mayor Michael Bloomberg’s budget would still reduce the level of child care funding below what are already inadequate levels to meet the needs of low-income families, according to the Fiscal Policy Institute. Funding would be considerably below the annual average level for 2008-2010 and it increases child care co-payments from families by $13 million, even though the need among low-income families is five times as great as what the city now funds.