New York, NY —

Mayor Bloomberg's inauguration speech today at City Hall is expected to touch on crime, innovation, and a commitment to the city. The ceremony will be toned down compared to Bloomberg's previous inauguration festivities, to reflect the economic downturn. WNYC's Lisa Chow reports.

REPORTER: On the first day of his third term, the mayor will be volunteering around the city. Instead of the traditional inauguration party, the 67-year-old billionaire is helping prepare meals at an emergency food and shelter program in Park Slope, Brooklyn, in the morning.

In the afternoon, he'll assemble care packages in Staten Island for soldiers serving in Iraq and Afghanistan; sort through donations in Queens to distribute to arts programs in the schools; and help paint a mural for a school in the Bronx.

At the ceremony, Bloomberg will be joined by the new city comptroller, John Liu, and public advocate, Bill De Blasio, who are also giving inaugural speeches. For WNYC, I'm Lisa Chow.