Last week, our ‘Best Budget Ever’ got even better as our administration worked with the City Council to deliver a budget that prioritizes public safety, affordability, and improved quality of life — the things that matter most to New Yorkers. Our budget builds on the work we have done to protect $1.4 billion in critical programs facing stimulus cliffs and makes real investments in the areas working-class families care about most.
This is not a budget that favors the few, but all New Yorkers. It launches universal after-school programming and, if successful, could put New York on the path to becoming the first major U.S. city to provide free universal childcare to low-income residents, invests in permanent funding for libraries and CUNY, hires more teachers, keeps us on the pathway to 35,000 uniformed police officers by the fall of 2026, and, for the first time ever, abolishes New York City personal income taxes for low-income New Yorkers thanks to our ‘Axe the Tax’ plan that will put $63 million back in the pockets of 582,000 low-income New Yorkers and their families.
