Mayor Adams Proposes $111.6 Billion Budget for NYC in 2025
The budget includes significant funding for schools and police but maintains cuts to libraries amid fiscal challenges.
- Mayor Eric Adams' new budget plan for 2025 totals $111.6 billion, marking a $4 billion increase over the current year.
- The budget boosts funding for schools and adds 2,400 new police officers but fails to restore $58 million in cuts to public libraries.
- City Council and critics express concerns over the budget's impact on essential services and its approach to library funding.
- Despite increased expenditures, the budget faces criticism for underestimating future costs and potential fiscal risks.
- Negotiations with the City Council are ongoing, with debates centered around funding for education, public safety, and libraries.