New York City's fiscal crisis that never was

Ten months ago, Mayor Eric Adams warned of the need for “painful” cuts to the city’s budget, affecting everything from early education to trash pickup. He spoke of a looming fiscal crisis spurred by the cost of caring for tens of thousands of migrants flooding the city from the Texas border. Turns out, those fears were dramatically overstated. Spending on migrants leveled off after the city began limiting their stays, and an economic recession that was poised to curb tax revenues never materialized. On Sunday, the City Council finalized a $112 billion budget for the fiscal year that started Monday that restores hundreds of millions of dollars in cuts that Adams once said were necessary to help address a $7 billion deficit that’s since been wiped away.It marks a fourth year that the city’s official revenue projections were markedly underestimated. It also comes after months of contention between officials over a disruptive round of cuts already implemented in November. The New York Public Library, which suspended its Sunday service, pleaded for donations to help offset the loss in funding, while some museums and cultural institutions that rely in part on the city struggled to maintain staff and programming.“The smaller organizations, some of them were just devastated,” said Lucy Sexton, the executive director of New Yorkers for Arts and Culture. She cited Kyoung’s Pacific Beat, a small theater reliant on public funding, which dissolved itself earlier this year. “Many got... Continue reading at 'Crains New York'

[ Crains New York | 2024-07-02 19:33:04 UTC ]

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State school children miss out on author visits, NLT report reveals

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[ The Bookseller | 2019-06-26 04:33:29 UTC ]
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New York City’s Public Libraries to End Film Streaming Through Kanopy

The libraries cited unsustainable costs in ending the service. Cinephiles took to social media with their reactions. Continue reading at The New York Times

[ The New York Times | 2019-06-24 23:21:19 UTC ]
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ALA 2019: In Opening Keynote, Jason Reynolds Celebrates the Libraries Within Us All

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[ Publishers Weekly | 2019-06-22 04:00:00 UTC ]
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The Week in Libraries: June 21, 2019

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[ Publishers Weekly | 2019-06-21 04:00:00 UTC ]
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Journalism and Libraries: ‘Both Exist to Support Strong, Well-Informed Communities’

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[ Editor & Publisher | 2019-06-20 19:15:00 UTC ]
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Why Susan Orlean sees a bright future for public libraries

If you want to get Susan Orlean riled up, just ask her about the economist who suggested the government could eliminate public libraries and "save taxpayers lots of money" now that we have Amazon for books and Starbucks as a gathering place. Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-06-20 10:00:09 UTC ]
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Why Susan Orlean sees a bright future for public libraries

If you want to get Susan Orlean riled up, just ask her about the economist who suggested the government could eliminate public libraries and “save taxpayers lots of money” now that we have Amazon for books and Starbucks as a gathering place. This modest proposal was published on Forbes.com... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-06-20 10:00:00 UTC ]
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Translated Books Gain Visibility in Libraries

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[ Publishers Weekly | 2019-06-14 04:00:00 UTC ]
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[ Publishers Weekly | 2019-06-14 04:00:00 UTC ]
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Bring Back the Golden Age of Broadcast Regulation. Especially for YouTube and Facebook.

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[ Slate | 2019-06-07 01:34:58 UTC ]
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After Stephen King Tweeted at a Maine Paper for Cutting Book Reviews, It Gave Readers a ‘Scary Good’ Offer

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[ The New York Times | 2019-01-14 00:00:00 UTC ]
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Libraries 'central' to nation’s culture strategy, campaigners make case to ACE

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[ The Bookseller | 2019-01-04 00:00:00 UTC ]
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Article saying libraries should be replaced by Amazon meets with resounding opposition

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[ Los Angeles Times | 2018-07-24 00:00:00 UTC ]
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Libraries: talking stock

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[ The Bookseller | 2018-07-18 00:00:00 UTC ]
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B&T, Penn Foster Team to Provide Education, Training Via Public Libraries

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[ Publishers Weekly | 2018-06-28 00:00:00 UTC ]
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It’s Official: Net Neutrality Rules Will End June 11

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Library closures are a 'disgrace', says Daunt

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[ The Bookseller | 2018-01-16 00:00:00 UTC ]
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British Library to investigate 'single digital presence’ for public libraries

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[ The Bookseller | 2017-08-31 00:00:00 UTC ]
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[ The Bookseller | 2017-07-14 00:00:00 UTC ]
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