Adams releases no-frills $103B NYC budget amid calls for greater funding

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Adams releases no-frills $103B NYC budget amid calls for greater funding
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NYC Mayor Adams proposed a $102.7 billion budget calling for a 2% increase over last year’s, citing an uncertain economy and expenses from the migrant crisis. Included are new investments in housing and infrastructure, but no further cuts to city agencies.

Make your contribution now and help Gothamist thrive in 2023.Mayor Eric Adams on Thursday proposed a $102.7 billion spending plan that called for a relatively modest 2% increase over last year’s budget, citing an uncertain economy and mounting expenses from the migrant crisis.2024 is a reflection of Adams’ priorities for his second year. It includes some new investments in housing and infrastructure, but notably requires no further cuts to city agencies.

The city will spend $228 million to pay for “high-priority street reconstruction projects” related to Vision Zero, a plan to dramatically reduce traffic-related deaths. The preliminary spending plan was not well received by some members of the City Council, who appeared to reject it altogether. They argued the belt-tightening will exacerbate already strained services that could harm vulnerable New Yorkers.

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