Mayor Eric Adams released his $98.5 billion preliminary city budget for Fiscal Year 2023 last week, which reduced spending by $2.3 billion by prioritizing savings. Parts of the budget seemed to satisfy public officials.
Adams said his main focus is taking steps to create a more just, safer, and prosperous city during such a transformative moment.
Adams and Brannan applauded funding for the Fair Fares program to help support public transit access for low-income New Yorkers and the “historic investment” in summer youth employment. They said they also appreciate the mayor’s proposals for new family health services and the expansion of the Earned Income Tax Credit.
“The goal of the budget was to—as I stated in my speech—was to really go at the underlying reasons of that we’re seeing the institutional poverty and inequality in this city,” said Adams in a presser. “Remember, we’re going to lose this stimulus from the federal government, we’re not going to continue to have it. So, we have to get it right in 2022 and lay the foundation for ’23 and two fiscal years ’23 and ’24.
“This is a budget without real investments in our city’s immigrant communities and one that doubles down on putting more cops on our streets to create the illusion of safety,” wrote Hanif. “I was elected to help our city thrive again, not oversee an austerity budget.”
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