#fiscal-management

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www.amny.com
2 weeks ago
NYC politics

Op-ed | The fiscal year 2025 Executive Budget gets stuff done for working-class New Yorkers | amNewYork

New York City faced economic challenges post-COVID, managed to stabilize the financial outlook without service disruptions or tax hikes, benefiting working-class individuals. [ more ]
www.nytimes.com
3 weeks ago
NYC politics

Mayor Adams Walks Back Budget Cuts, but No Reprieve for Libraries

Mayor Eric Adams proposed a revised $111.6 billion budget, restoring $2.3 billion to offset previous cuts based on better than expected tax revenue. [ more ]
New York Post
3 weeks ago
NYC politics

Mayor Adams restores half of next year's NYPD classes, adding 1,200 to depleted ranks

Mayor Adams reinstated funding for two canceled police classes to increase NYPD staffing levels. [ more ]
New York Post
1 month ago
NYC politics

Adams plans to give NYC bureaucrats $2.1B raise as he pushes program cuts over migrant crisis

Mayor Eric Adams approved a retroactive 16.2% pay increase for over 100,000 non-union employees, costing taxpayers $2.1 billion through fiscal 2028. [ more ]
POLITICO
2 months ago
NYC politics

Mayor cancels upcoming budget cuts amid migrant savings and rosy financial outlook

Moody's report reaffirmed city's high credit rating due to strong financial management
Mayor Adams reversed 5 percent spending cut after projecting cost reductions from sheltering migrants. [ more ]
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