"NYC Budget Deal: Libraries Spared, Rikers Cut"
TL;DR Summary
The New York City Council is set to finalize a $107 billion budget deal that restores high-profile cuts, adds new initiatives, and is slightly bigger than last year's budget. Fiscal watchdogs express concern about overcommitment and suggest saving the extra funds in the Rainy Day Fund. The budget includes funding for one year for many new programs. The deal does not include $17 million for supportive services in city jails. The city faces challenges ahead, including renegotiating contracts with organized labor and addressing the $4.3 billion cost of the migrant crisis.
Topics:nation#fiscal-watchdogs#new-york-city-council#nyc-budget#politics#progressive-wing#rainy-day-fund
- 7 takeaways on the NYC budget deal - POLITICO POLITICO
- NYC libraries apparently spared $36M in budget cuts CBS New York
- Libraries Appear to Be Spared in Tense N.Y.C. Budget Talks The New York Times
- $107 Billion N.Y.C. Budget Deal Spares Libraries but Cuts Rikers The New York Times
- Shake on it: As always, budget deal has the good and the bad New York Daily News
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