City’s new $112B budget undoes cuts as Adams looks to re-election

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 of lawmakers, including $2 billion for housing. City Hall’s willingness to add spending marks a major shift from last year, when Adams’ dire warnings about future-year deficits and the costs of the migrant crisis led him to impose some unusual mid-year cuts across city agencies.“We’re delivering a budget that invests in the future of our city and the working people who live here,” the mayor said at City Hall Friday afternoon, moments after a symbolic handshake with Council Speaker Adrienne Adams. The council pushed successfully to undo $350 million of the $7 billion in cuts the mayor had ordered — including controversial reductions like the $58 million from public libraries that would have ended weekend service, and $53 million from cultural groups like museums and botanic gardens.Early childhood programs like pre-K and 3-K will get $100 million, short of what some advocates had asked for, as the city dips into its own funds to shore up expiring federal money that had helped pay for those programs. Council Speaker Adrienne Adams warned that the city would need help from the state government to sustain that funding in the future.All the restorations total just $350 million, leaving... Continue reading at 'Crains New York'

[ Crains New York | 2024-06-28 21:14:47 UTC ]
News tagged with: #early criticism #last-minute restorations #opposite perspective #reserve meant #$2 billion #andrew rein #rein added #longstanding trend #overtime pay #consistently cost #unusual move #fueled claims #unsuccessful bid #federal aid #migrant crisis #libraries #public libraries

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Panel Mania: The Great Gatsby: The Essential Graphic Novel Adaptation by Ted Adams and artist Jorge Coelho

'The Great Gatsby: The Essential Graphic Novel Adaptation' by Ted Adams with drawings by artist Jorge Coelho is a full-color, hardcover, graphic adaptation of F. Scott Fitzgerald’s classic American novel. A seven-page excerpt. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-05 04:00:00 UTC ]
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John Lewis and Adam & Eve/DDB win Excitable Edgar case

Children's author fails to prove claim that Excitable Edgar infringed her intellectual property. Continue reading at Media Week

[ Media Week | 2023-04-03 16:40:44 UTC ]
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With Budget Deadline Looming, Library Supporters Urge Congress to #FundLibraries

ALA officials are urging library advocates in every congressional district to ask their representatives to cosign letters in support of critical library programs. With an abbreviated process this year, the House deadline for signatures is March 20. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-17 04:00:00 UTC ]
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By Attracting National Budgets, Texas Monthly Grows Ad Revenue 31%

Publisher Texas Monthly, which marked its 50th anniversary last month, grew its overall revenue by 39% in 2022, an uptick the privately owned media company attributed to its expanded number of advertising channels and an ongoing effort to cultivate new sources of revenue. The publisher increased... Continue reading at AdWeek

[ AdWeek | 2023-03-13 10:21:33 UTC ]
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Barnes & Noble to Overhaul Membership Program, Cut Free Educator Program

"Just use your library" is not the solution to the new price hikes and benefit decreases in Barnes & Noble's membership changes. Continue reading at Book Riot

[ Book Riot | 2023-03-01 12:57:36 UTC ]
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Kingdom Quarterback: Mark Dent and Rustin Dodd on Race, Kansas City Football, and Super Bowl MVP Patrick Mahomes

Following a gutsy, thrilling 2023 Super Bowl win by the Kansas City Chiefs, sportswriters Mark Dent and Rustin Dodd join co-hosts V.V. Ganeshananthan and Whitney Terrell to discuss their forthcoming book Kingdom Quarterback: Patrick Mahomes, the Kansas City Chiefs, and How a Once Swingin’ Cow... Continue reading at Literrary Hub

[ Literrary Hub | 2023-02-23 09:55:28 UTC ]
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News Corp cuts driven by Murdoch’s mission to prop up news assets

Weeks after Fox merger scrapped investors say market value languishing because of underperforming businesses in portfolioThe shrinking of Rupert Murdoch’s News Corporation by 1,250 roles after a plunge in profits of almost a third serves as a stark reminder that the billionaire mogul’s abortive... Continue reading at The Guardian

[ The Guardian | 2023-02-10 16:37:18 UTC ]
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News Corp to cut 1,250 jobs after missing second-quarter estimates

Reduced ad spends due to rising inflation and higher interest rates have battered Rupert Murdoch’s media conglomerateMedia conglomerate News Corp said on Thursday that it would cut 1,250 jobs after it missed estimates for second-quarter earnings due to weakness in its news and digital real... Continue reading at The Guardian

[ The Guardian | 2023-02-09 22:30:39 UTC ]
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'CrossfireX' and 'Knockout City' join the list of live service games shutting down soon

It's a rough time for fans of several live service games, which are titles designed to be constantly updated for a long time. A bunch are shutting down in the near future, and CrossfireX and Knockout City are among the latest to join the list.CrossfireX is an Xbox console version of the... Continue reading at Engadget

[ Engadget | 2023-02-03 20:24:59 UTC ]
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HarperCollins Is Cutting 5% of Its North American Workforce

The publisher, which has been embroiled in a labor standoff since November, will lay off 5% of its North American staff by June 30, the end of its current fiscal. CEO Brian Murray said the company was facing lagging demand and “unprecedented supply chain and inflationary pressures." Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-30 05:00:00 UTC ]
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Union Election at Books-A-Million Outlet in Virginia Fails

A majority of the 15 employees at the Books-A-Million store in Leesburg, Va., voted not to join the United Food & Commercial Workers International Union during an official election. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-24 05:00:00 UTC ]
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Panel Mania: Going Remote: A Teacher’s Journey by Adam Bessie and Peter Glanting

Adam Bessie and Peter Glanting’s debut graphic memoir 'Going Remote: A Teacher’s Journey' chronicles the impact of the pandemic on the community college where Bessie teaches and on the lives and education of his students after the suspension of in-person classes and the switch to online... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-18 05:00:00 UTC ]
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Astra Magazine Had Creative Freedom and a Budget. It Wasn’t Enough.

The literary journal attracted great names. Its issues sold well. And then it was over — a fate that offers insight into the tenuous place of literary magazines in the American publishing landscape. Continue reading at The New York Times

[ The New York Times | 2022-12-03 14:55:20 UTC ]
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Two-thirds of UK’s biggest advertisers to cut television spend

Traditional TV shunned in favour of digital media and last-minute promotional campaignsMore than two-thirds of the UK’s biggest advertisers intend to cut back spending on traditional TV next year, as the recession fuels a shift to digital media and last-minute bursts of promotion.A survey of 59... Continue reading at The Guardian

[ The Guardian | 2022-11-21 00:01:39 UTC ]
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Amazon Makes Cuts to Its Book Group

As part of a companywide effort to reduce costs, Amazon has eliminated an unspecified number of jobs in its Books business. Word of the reductions came in a letter sent yesterday to employees from CEO Andy Jassy describing “role eliminations” in the company's Books and Devices units. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-18 05:00:00 UTC ]
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House Members Go to Bat for Library Construction Funds in FY2023 Budget

The House has yet to sign on to the Senate's $20 million proposal to fund library construction and renovation, which, if passed, would be the first federal funding for updating library facilities in some 26 years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-28 04:00:00 UTC ]
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After Massive July Layoff, Callisto Media Cuts Staff Further

After a large job cut in mid-July, Callisto Media made another significant staff reduction on Monday in a move to cut costs during an uncertain economic climate. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-25 04:00:00 UTC ]
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Gannett Announces Widespread Cost-Cutting

The moves at the nation’s largest newspaper publisher include a week of mandatory unpaid leave and voluntary buyouts. Continue reading at The New York Times

[ The New York Times | 2022-10-12 21:51:53 UTC ]
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Monoprice 24-inch CrystalPro review: A budget monitor with accurate color

At a glanceExpert's Rating ProsMinimalist slim-bezel designGood color accuracyVery low pricingConsNo height adjustment on standOnly offers HDMI and VGAConfusing menu systemOur VerdictThe Monoprice 24-inch CrystalPro delivers attractive color on a budget, but it’s not flawless. However, despite... Continue reading at PC World

[ PC World | 2022-10-06 10:45:00 UTC ]
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CALIBA Meets in the Capital City

Bookstore visits and author addresses were among the primary events for booksellers attending the California Independent Booksellers Alliance's conference this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-13 04:00:00 UTC ]
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