The final budget of Mayor Eric Adams' first term demonstrates a lack of planned cuts to libraries and reflects an optimistic outlook amid lower spending on migrant services.
Mayor Adams claimed, "I think it's really underrated how well of a fiscal manager I have been for the city. We turned the city around." His statements highlight his confidence in the city's financial turnaround.
The budget projects spending about $2 billion less on asylum seeker services than previously anticipated due to reduced migrant inflow and policy changes at the federal level.
During the budget address, the mayor emphasized strategic management of expenses, asserting that his administration has laid a solid foundation for future success without drastic cuts or new initiatives.
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