NYC Mayor Adams avoids deep budget cuts in record-breaking $114.5B election year spending plan
Mayor Eric Adams unveiled a record-breaking $114.5 billion spending plan Thursday, serving up his first proposed city budget without spending cuts, in an election year. The spending plan for the 2026 fiscal year is roughly $2 billion more than New York City’s last enacted budget, with investments in mental health, parks and quality-of-life programs. “Because...