Op-Ed | New York City’s budget: Investing in working families and New Yorkers in need


Our city’s budget reflects our values, and for my administration, the needs of everyday people come first. This year, we navigated many significant financial challenges and have reached a budget agreement with our colleagues on the City Council—a budget that is smart, strategic and fiscally responsible, a budget that advances our administration’s Working People’s Agenda, and puts the needs of working New Yorkers front and center.

The Fiscal Year 2024 Adopted Budget comes in at approximately $107 billion and allows us to spend on services and programs that benefit all New Yorkers, while continuing to address the costs created by the asylum seeker crisis and adding to the $4.7 billion in budget savings that the administration has achieved over Fiscal Years 2023 and 2024 since last Adoption.