New York City Mayor Eric Adams and the City Council, led by Speaker Adrienne Adams, have reached a handshake agreement on a $112.4 billion budget for the city. The budget is described as on-time, balanced, and fiscally responsible, while avoiding some proposed cuts. Key highlights include nearly $11 million to expand the Fair Fares program, which helps low-income New Yorkers afford public transportation, and $2 billion in housing capital over the next two years. The budget also restores funding for cultural institutions, libraries, and parks. Community leaders and council members have praised the budget for its comprehensive support for children, families, seniors, and veterans.
We landed the plane and we're soaring to an even brighter future for our city! The $112.4 billion budget we secured will make our city more affordable, more livable, and safer for all New Yorkers. This is what investing in the future of New York City looks like. https://t.co/qji207cv8S
Eric Adams and NYC Council agree on $112 billion budget avoiding some proposed cuts https://t.co/OtvGuhRrx4
Facts. @NYCCouncil secured nearly $11M to expand Fair Fares so New Yorkers struggling to get by won’t have to choose between a meal and a MetroCard✔️ https://t.co/FzFnXUHJ1B
Facts. @NYCCouncil successfully negotiated to secure $2B in housing capital over the next 2 years✔️ https://t.co/IwXVUltd51
Hallelujah. Glory! Congratulations! The City Council remained steadfast in fighting for our children, families, seniors, veterans and all New Yorkers. Great work Madame Speaker & the Finance Team. We appreciate you All. 👊👊😃😃👏👏 https://t.co/S8s0nchd9z
Excellent! Congratulations my City Council Colleagues! Restorations of funding for our cultural institutions, libraries and parks is a HUGE win! Thank You @NYCCouncil @NYCSpeakerAdams @JustinBrannan @DianaAyalaNYC and my Bronx Delegation Members! 👏👏👏 https://t.co/90e3F0rs8P
Following the handshake agreement between @NYCMayor and @NYCSpeakerAdams, community leaders joined together in applauding the on-time, balanced, and fiscally-responsible $112.4B adopted budget. Here's what New Yorkers are saying: https://t.co/LW3iBoke8m https://t.co/z0IhKUHRSw