Adams unveils $98 billion preliminary 2023 fiscal budget

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Mayor Eric Adams unveiled his $98 billion preliminary budget for fiscal year 2023 this afternoon, which he said will focus on promoting public safety and speeding up the city’s economic recovery from COVID-19.

“New York has always been a city of the future,” Adams said. “And today, we are here to plan for that future. It means building a city where safety and justice go hand-in-hand. A city where our children can play, read and thrive. Where education embraces the whole child and supports our families. A city where we embrace the progress being made in new forms of energy, transit, and commerce. A city of abundance of jobs, housing, and health care for all. This is the city New Yorkers want and deserve.”