Mayor Eric Adams and City Council Speaker Adrienne Adams announced a handshake agreement on a $101 billion budget for the fiscal year that begins July 1.
The mayor gave his blessing on a budget agreement with the speaker Friday afternoon at City Hall, where they both spoke from the rotunda and confirmed that a deal is in place. The $101 billion budget is substantially higher than the mayor’s preliminary $98.5 billion budget proposed in February and includes increased investments for parks, affordable housing capital plans and early child care services.
“What this council, our teams, this speaker and this mayor is saying to every arm of government in
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