NEW YORK CITY \u2014 Prepare for more budget whiplash, New Yorkers.<\/p>\n
Mayor Eric Adams unveiled a $109.8 billion preliminary budget Tuesday for the upcoming year that he said won’t include dire major cuts to services he has been warning of \u2014 and often reversing \u2014 for months. <\/p>\n
Libraries \u2014 which had to halt Sunday service \u2014 will be fully exempt from added service reductions in the 2025, Adams said. Schools, social services, youth and community development and the city’s Department for the Aging will be partially exempted, he said.<\/p>\n “We made these adjustments because we know these are the services that are important to New York,” he said.<\/p>\n The city’s finances are stronger than City Hall officials anticipated thanks to plannings, savings and unexpected strength in the economy, Adams said. He said the city also managed to save $1.7 billion on asylum seeker costs.<\/p>\n All that allowed the city to close a $7.1 billion budget gap, Adams said.<\/p>\n But the details weren’t exactly reassuring to many elected officials who have been critical of Adams’ budget math since he announced drastic mid-year cuts in November. They noted the city’s tax revenues are $2.9 billion than anticipated in November.<\/p>\nFind out what's happening in New York Citywith free, real-time updates from Patch.<\/h2>\n
Find out what's happening in New York Citywith free, real-time updates from Patch.<\/h2>\n