Mayor Eric Adams on Wednesday proposed a revised $106.7 billion spending plan that reduces some of the budget cuts he initially sought from public libraries and city agencies like fire, sanitation, parks and homeless services.
Make your contribution now and help Gothamist thrive in 2023.Mayor Eric Adams on Wednesday proposed a revised $106.7 billion spending plan that scales back some of the cuts he had initially sought fromBut how New Yorkers will feel the impact of pre-existing cuts as well as spending reductions by other agencies will likely be scrutinized as the City Council and advocates dissect the plan.
During his address at City Hall, Adams touted the budget — which is $4 billion higher than his preliminary plan in January — as one that prioritizes working New Yorkers. He said 60% of the budget goes to education, health care and social services.
City officials estimate the migrant crisis will cost taxpayers over $4 billion by 2025. The city currently anticipates $1.6 billion of that sum will come from state and federal aid. Billions of dollars in raises and other benefits to members of the city's unions, who have seen their agreements expire, account for a significant portion of the new spending.
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