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City, State Budget Plans Curb Cutbacks But Signal Cautious Spending from THE CITY - All RSS feed.

City, State Budget Plans Curb Cutbacks But Signal Cautious Spending

A video monitor at City Hall shows Mayor Eric Adams' fiscal year 2025 preliminary budget address.

Mayor Eric Adams released a preliminary budget on Tuesday less gloomy than his prior spending plan — scaling back planned service cuts thanks to better-than-expected revenue projections and an anticipated increase in state aid for asylum seekers. The new proposed $109.4 billion proposed city budget for the next fiscal year, which begins July 1, includes an […]

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