The Adams Administration on Saturday directed all city agencies to once again cut their budgets by 5%, and warned that agencies could have to slash 15% of spending by next year as the migrant crisis prolongs and deepens.
The order from City Hall calls on all agencies to produce plans to reduce spending by 5% ahead of the next update to the city’s financial plan in November, as part of his “Program to Eliminate the Gap” (PEG).
