NYC Council wants to strike a $101 billion budget deal with Mayor Adams

The New York City Council gave final approval to the record-breaking $101.1 billion budget for 2023 in a vote late Monday night after lawmakers and Mayor Eric Adams reached a tentative agreement on the spending plan last week.

The Council easily passed the spending plan by a vote of 44 to 6 just after 11pm after around two hours of debate.

“This is your budget, this is something to be proud of no matter what anyone says,” council spokeswoman Adrienne Adams told lawmakers after the conclusion of the vote, which described the budget as “historic”.

The 2023 budget is the largest ever in New York City, surpassing the 2022 budget by $2.4 billion.

Budget watchdogs have criticized the mayor and council for pushing the city’s spending to new levels amid rising inflation and growing concerns about a potential economic recession that could be sparked by expected rate hikes.

The spending agreement between Adams and the council increases projected budget deficits to an average of $4 billion a year between 2024 and 2026, officials conceded.

The total spending contract is $1.4 billion larger than the budget originally proposed by Adams in April and $2.6 billion more than the mayor’s estimate in January.

Eric Adams
Mayor Eric Adams has been criticized for pushing city spending to new record levels.
Stephen Hirsch
Adrienne E. Adams New York City Council Speaker
Adams has called for an expansion of the summer work program.
Stephen Hirsch

The vote came just four days after Hizzoner and the council spokesman celebrated the finalization of the budget deal at a press conference at City Hall on Friday.

During the introduction, the two Adams hailed the expansions to the summer work program, the discounted MetroCard program for needy New Yorkers, additional funding for corner trash can pickups, city parks, and new funding for additional homeless shelters as big wins for the city.

Monday’s no votes came from a small group of hard-left lawmakers who dismissed these new spending initiatives as inadequate.

They also attacked the small $90 million increase in the police department’s funding, which will be used for wage increases guaranteed under employment contracts.

All told, the NYPD has raised $5.5 billion in funding for 2023. The mayor and speaker spent much of Monday fending off criticism from elsewhere in the city, parents and teachers, over their agreement to slash $215 million from public schools’ budgets after enrollment fell.

The Department of Education is expected to lose about another $400 million from its 2023 budget as federal pandemic-related aid is halted, bringing the total cut to about $600 million.

Overall, the budget will be $31 billion, up from $31.6 billion in 2022.

https://nypost.com/2022/06/13/nyc-council-set-to-ok-record-101b-budget-deal-forged-with-mayor-adams/ NYC Council wants to strike a $101 billion budget deal with Mayor Adams

JACLYN DIAZ

USTimeToday is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@ustimetoday.com. The content will be deleted within 24 hours.

Related Articles

Back to top button