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Dec 31, 2021 · The budget soared under Mayor Bill de Blasio, who significantly expanded the size of New York City government. The next mayor, Eric Adams, might have to rein it in.
Jun 30, 2021 · Mayor Bill de Blasio and Council Speaker Corey Johnson announced a nearly $100 billion budget deal Wednesday that boosts spending by $10 billion, restores pandemic cuts, increases education funding and even puts $1 billion in a new rainy-day fund.
Nov 30, 2021 · NEW YORK–Mayor Bill de Blasio today released New York City's November Financial Plan Update for Fiscal Year 2022 (FY22). The FY22 budget is now $102.8 billion and remains balanced.
Nov 30, 2021 · With the stock market headed for another big year and interest rates near zero, Mayor Bill de Blasio slashed the budget gaps he’s leaving his successor by a third in an updated fiscal outlook released Tuesday.
- Finishing The Covid-19 Fight
- Strong Reserves
- Economic Growth
- Academic Recovery
- Public Safety
The Recovery Budget includes funding to finish the fight against COVID and strengthen the City’s public health infrastructure in the long term. The budget includes expanding the grassroots vaccination campaign and making investments to establish New York City as the public health capital of the world, including by supporting LifeSci NYC, a billion-...
The De Blasio administration partnered with the City Council to add $500 million to the City’s first-ever Rainy Day Fund, which now holds nearly $1 billion. With $2.8 billion in reserves added since June, total reserves in Fiscal Year 2022 are now $5.1 billion, with $3.8 billion in the Retiree Health Benefits Trust, $993 million in the Rainy Day Fu...
The budget commits $11 million to NYC Business Quick Start, a program that will help slash red tape and help guide small businesses through City regulations. Additionally, the budget also includes the Juneteenth Economic Justice Plan to build generational wealth and tackle the racial wealth gap by expanding NYC Kids Rise with Universal NYC Baby Bon...
This budget also makes investments in New York City’s public schools to support students’ academic and social emotional needs as they recover from the impacts of the pandemic.
The administration has added more than $44 million to expand Cure Violence and the Crisis Management System since 2020. In the budget, the administration has made targeted investments to break the cycle of incarceration and reduce gun violence. This is in addition to mental health and public safety investments from the Executive Budget including ex...
Apr 26, 2021 · Today, Mayor Bill de Blasio presented the Recovery Budget, New York City’s $98.6 billion Executive Budget for Fiscal Year 2022 (FY22). The Recovery Budget is an historic stimulus-driven investment in our comeback that will drive economic growth, lift up working families and small businesses, promote academic and social resilience and ensure a ...
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Jun 30, 2021 · Mayor Bill de Blasio and Council Speaker Corey Johnson announced a historic $98.7 billion budget Wednesday designed to chart an economic path out of the throes of the Covid-19 pandemic.
