Eight months after ordering most city agencies to dramatically cut their spending, Mayor Eric Adams on Wednesday unveiled a $111.6 billion budget plan that restores some slashed funding — but still leaves areas such as the city’s public libraries on the chopping block.
Hizzoner’s Fiscal Year 2025 executive spending plan clocks in at roughly $2 billion more than his $109 billion preliminary budget released in January and $4 billion greater than this year’s $107 billion adopted budget.