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29 cze 2023 · New York City Mayor Eric Adams and the City Council unveiled a $107 billion operating budget – the largest in city history – for fiscal year 2024 Thursday, marking the end of a tumultuous negotiation process that’s been complicated by what Mayor Adams called “great challenges and unexpected crises.”
The City Budget. New York City runs on billions of dollars. How public funds are distributed affects our city's operations, services, construction, and so much more.
The New York City budget is the place where many of the city’s policy decisions are made and where policy objectives are articulated and implemented in concrete terms. The scope of the budget includes all of the city government’s revenues and expenditures — estimated at about $101 billion in 2021.
24 lip 2023 · The budget includes approximately $40 million workforce enhancements across agencies, which are urgently needed. However, this funding falls far short of the 6.5% COLA in FY24 – rising to 16.4% over multiple years – that advocates have stressed is essential for sustaining human services in our city.
30 cze 2024 · Budget restores and invest over $1 billion for full library service, cultural institutions, education programs, and parks; advances comprehensive plan and funding to fix early childhood education system; and adds $2 billion to create and preserve more affordable homes
26 kwi 2022 · The budget reflects $411 million in savings over fiscal years 2022 and 2023, bringing total savings achieved in the administration’s preliminary and executive budgets over those years to more than $2.4 billion and close to $4 billion in outyears.
7 cze 2024 · At more than $110 billion annually, New York City’s operating budget is the largest municipal budget in the country by far, and is larger than the budgets of all but four states (NY, CA, TX, FL).
