Eric Adams insisted that Gov. Kathy Hochul’s state budget delays are messing with city estimates forcing experts to weigh up worst case scenarios.
With state lawmakers repeatedly blowing their budget deadline, and city taxpayers likely on the hook for more of the ongoing migrant crisis, Big Apple fiscal experts are considering drastic scenarios for cuts to city government, Mayor Eric Adams insisted Wednesday.
“Remember, we have to balance our budget for two years. And right now, we don’t know exactly what’s going to come out of Albany.” Mayor Eric Adams said Wednesday that Gov. Kathy Hochul’s ongoing state budget delays is messing with city estimates.City Hall must adhere to an April 26 deadline to reveal Adams’ executive budget proposal.
The Adams administration last week ordered city agencies to slash a total of $1 billion annually from their budgets for the next four years – blaming the move, in part, on the migrant surge. Hochul’s budget proposal has called for the state, city and feds to split NYC’s migrant crisis costs equally – but Adams said it was likely the Big Apple will be on the hook for a larger share.
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