New York City Mayor Eric Adams has unveiled a $111.6 billion executive budget for fiscal year 2025, which aims to reverse some previously proposed cuts while maintaining others. The budget includes significant allocations such as $4.7 billion for asylum-seeker spending and restores $515 million to schools, funding for two NYPD classes, and unpopular cuts to fire and sanitation services. Despite these restorations, the budget has been critiqued for not fully reversing all past cuts, particularly in public libraries, which face continued Sunday closures and a contentious $58 million still in negotiation. The budget also reflects an increase of $2.2 billion from the preliminary budget proposed in January. Mayor Adams emphasized that the budget is a win for working-class New Yorkers and is part of a broader effort to ensure the city's fiscal sustainability, stating that library funding cuts are part of 'negotiation' and everyone will be happy with the result.
ICYMI: @NYCMayor released his budget for Fiscal Year 2025, a $111.6 billion investment in our city's working-class. Because of the strong fiscal management we've championed since day one, we'll be able to build on our successes. Get all the details: https://t.co/TKuSIv3HOF https://t.co/JvBazLcVdV
"The libraries made that decision" to cut Sunday services as part of requested budget savings, @nycmayor tells @TheRevAl Says $58 million in library funding is still on the table as part of budget negotiations with @NYCCouncil https://t.co/6LLzOeDgcK
Yesterday, @NYCMayor unveiled a $111.6 billion executive budget that seeks to protect essential education and child care programs, intensify public safety efforts to continue crime reduction, and support cultural institutions. https://t.co/3TMpKHLs74 https://t.co/QTutdEkfem
Mayor Adams calls library funding cuts part of ‘negotiation’: ‘Everyone will be happy’ with the result https://t.co/h6jsvx9Kol https://t.co/APVamVYuBK
Mayor Eric Adams announced the city's executive budget for the next fiscal year on Wednesday, and cuts to the city's public library system remain in place. @LoriB_NY explains how the loss of tens of millions will impact New Yorkers. https://t.co/GivrSnfE8N
New Yorkers are tired of begging for crumbs, fighting tooth and nail just to reverse cuts rather than expanding our investment in the programs, services, and institutions that provide for all of us. My statement on the administration’s executive budget👇🏽 https://t.co/U4xzFdX0G0
Mayor Eric Adams proposes $112 billion executive budget; critics say it's too 'frugal' https://t.co/9gMZ16goql https://t.co/kBRT5tirRg
Eric Adams unveils improved budget picture https://t.co/SPH1JjLiBl
Mayor Adams proposed a nearly $112 billion spending plan that reverses unpopular cuts to schools and police, fire and sanitation services but leaves libraries with cuts that will mean continued Sunday closures at nearly all branches. Read more: https://t.co/pgFjIc8flu https://t.co/UUYYc5f96e
Mayor Eric Adams announced New York City's executive budget for the next fiscal year on Wednesday. Though it avoids major cuts, members of the City Council are questioning why any had to be made at all. @DougWilliamsTV reports. https://t.co/GivrSnfE8N
🧵As we enter into exec budget hearings & negotiations, it's important everyone is working off the same numbers. @NYCCouncil economists have been consistently accurate, and our budget response laid out where & how we’ve identified additional $ that can be used to restore ALL cuts
"I’m glad that many of the admin’s previous, misguided cuts have been removed in this budget, though this seems to be less a result of good management now than of bad budgeting in the past." ➡️ The Public Advocate's Statement on the FY25 Executive Budget: https://t.co/SqQX5K9hgh https://t.co/FVa5d14FYE
The budget protects and invests in public safety, education, the arts, and more. We will continue our great comeback and fund programs smartly and sustainably. Strong fiscal management means we'll keep building a safer and more affordable city for working-class New Yorkers. https://t.co/lor7p08C7K
Eric Adams unveils $111.6B NYC budget; restores $515M for schools, two NYPD classes https://t.co/5FXGRq6bcC https://t.co/Q6zDt9S8s2
The Mayor’s Executive Budget begins to reverse a fraction of previous harmful cuts, but significant work remains to deliver a city budget that fulfills our obligations to all New Yorkers and supports their success. My full statement with @JustinBrannan: https://t.co/kqSTArzpNJ
The FY25 Executive Budget released by the Mayor today reverses some of the recent cuts but we've still got work to do if we wanna deliver a budget worthy of New Yorkers support. My joint statement with @NYCSpeakerAdams https://t.co/sw5WjGY1Qy
The Mayor’s $111.6 billion FY25 Executive Budget shows signs of a brighter fiscal future for New Yorkers— if we can achieve the strong management needed to deliver it. My statement: https://t.co/QrITOWQcv9
New York Mayor Eric Adams reversed proposed cuts to the police department and early childhood education https://t.co/fdKv8D2QNJ
ICYMI: @joeanuta's extensively reported preview of today's @NYCMayor $111.6B executive budget: https://t.co/Ynk8jGk83c
The hard numbers of Mayor Adams’ FY ‘25 executive budget. $111.6B total, and projecting $4.7B on asylum-seeker spending. https://t.co/3Cc3qosh3M
From the Blue Room in City Hall, @NYCMayor begins to roll out the executive budget for next fiscal year https://t.co/0ZfA5jaZJq
Our budget is a win for working-class New Yorkers. Join with us and advocates for working people now at City Hall. https://t.co/VtiFs0T3Ph
How much more money did Adams find for his Exec? Looks like $2.2B since the Jan Prelim, for $111.6B total. And you better believe the council will argue there’s even more to go around. https://t.co/atoFF73pXM
.@NYCMayor will hold a rally at 11 a.m. boosting his executive budget, expected to be released after. The $111.6 billion FY25 exec budget includes $$ for many programs previously slashed, like to cultural groups, but not all cuts are restored, per sources