City Council approves $101 billion FY 2023 budget at midnight hour

The New York City Council final night time handed a $101.1 billion Fiscal Year 2023 budget. The vote was 44-6.

It is available in $2.4 billion greater than final year’s $98.7 billion budget, making it the most important spending plan within the metropolis’s historical past. 

“This Council secured historic reforms, bringing greater transparency to ensure communities are being met with the services they deserve,” stated Speaker Adrienne Adams (D-Queens). “By getting into our budgetary powers to carry companies accountable and strengthening oversight, we’ll uplift the priorities of New Yorkers and advance an equitable recovery for all. 

The budget contains lots of the Council priorities to put money into communities to make New Yorkers safer. These embody expansions of key youth applications, elevated metropolis funding for colleges, growth of housing entry applications, a property tax rebate for working and center class householders, funding for parks and sanitation companies, and investments in neighborhood security applications. 

The Council additionally ensured fiscal accountability by curbing the expansion of wasteful felony justice system spending. It largely held the New York Police Department (NYPD) budget flat in comparison with the FY 2022 adopted budget by discovering financial savings of $65 million from the chief budget ($5.59B) to the adopted budget ($5.53B). 

The minimal year-over-year elevated expenditure was pushed by non-discretionary commitments from current labor agreements. 

The Council additionally eradicated the Executive Budget’s proposal to extend the Department of Correction (DOC) headcount by 578 positions at a time when company employees are chronically absent and circumstances have worsened at Rikers Island, with a federal choose threatening to put it in receivership.

Despite the minimal enhance to the police division and cuts to the felony justice system, Mayor Adams praised the passage.

“We were able to achieve an early adopted budget because we leaned into areas of agreement, rather than disagreement. With upstream investments to promote public safety, give young people real opportunity, support our human and legal services providers, offer relief for working families, improve our public spaces, boost affordable housing, combat food insecurity, and so much more, this budget promotes an equitable recovery for New Yorkers throughout the five boroughs,” stated the mayor.

The six nay votes got here from the far left progressive wing of the council.

“After months of good-faith negotiations between the City Council Budget Negotiation Team and Mayor Eric Adams, an agreement was reached on the Adopted Budget. While the $101 billion plan includes much to be happy about, it lets down too many New Yorkers, particularly those in my district of Bedford-Stuyvesant and North Crown Heights. My vote on the budget is ‘No.’” stated City Council Member Chi Osse. 

Among the losers within the spending plan was the Department of Education, which noticed its budget minimize $215 million from the general public colleges budget following enrollment declines. Counting a minimize in federal pandemic-related assist, the DOE had a complete minimize of about $600 million.

Overall the DOE budget might be about $31 billion.

In human companies, the council permitted $19.8 million for psychological well being companies together with $19.3 million to extend psychological well being assist and outreach for the homeless. The different $5 million went to the Mental Health Continuum to assist college students with vital psychological well being challenges entry direct psychological well being companies in class and join college students to different companies all through the town.

The spending plan additionally included a brand new Speaker’s discretionary funding initiative that gives every council member with $100,000, or $5 million, to put money into holistic security by supporting local people security applications. The funding recipients might be chosen by the native council member, and will be distributed to youth, housing assist, well being, psychological well being or different native applications that strengthen communities, or sufferer service suppliers.

The budget additionally included $90 million in a property tax rebate to working and middle-class householders, which can see these householders pocket $440 together with a state rebate.

The council additionally added $750 million to the Rainy Day Fund, which in complete now stands at $1.95 billion. The legislative department additionally added $500 million in FY 2023 normally reserves for a complete of $1.6 billion and $200 million in FY 2024 – 2026 for a complete of $1.2 billion in every year to guard towards drastic cuts.

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