Jun. 1, 2023 By Ethan Stark-Miller
Reaching a balanced budget for the next fiscal year will be “painful,” Mayor Eric Adams said Thursday as negotiations over a spending plan that must pass by July 1 kick off this month.
May. 31, 2023 By Ethan Stark-Miller
A final city budget deal likely won’t come until after the June 27 City Council primaries, giving the administration and city lawmakers a tight window to pass an on-time spending plan by their July 1 deadline, Mayor Eric Adams’ Budget Director Jacques Jiha predicted Wednesday.
May. 23, 2023 By Ethan Stark-Miller
The cost the city is likely to incur from the migrant crisis could well blow past Mayor Eric Adams’ $4.3 billion projection by next July, the mayor’s budget director said at a City Council hearing on Tuesday.