Mayor Eric Adams announced a deal on a $112 billion budget with the City Council on Friday, reversing a small but notable fraction of his unpopular cuts as he looks toward a difficult re-election bid next year.The spending plan for Fiscal Year 2025 also makes some new investments at the urging... Continue reading >> [ Source: Crains New York | 2024-06-28 21:14:47 UTC ]
Mayor Eric Adams’ administration has reached a deal with the City Council on a budget that undoes at least some of the cuts he had previously imposed and adds new funding for housing construction, according to City Hall and a person familiar with negotiations.The mayor’s office announced... Continue reading >> [ Source: Crains New York | 2024-06-27 23:09:36 UTC ]
The City Council said it has found an additional $6 billion in newly identified city dollars to undo many of Mayor Eric Adams’ spending cuts and make new investments in affordable housing construction and education.Lawmakers on Monday released their official response to the mayor’s $109 billion... Continue reading >> [ Source: Crains New York | 2024-04-01 17:27:55 UTC ]