A municipal budget agreement for the fiscal year 2024 has finally been reached.
This was announced by the President of the City Council, Adrienne Adams, together with Mayor Eric Adams and other members of the legislative body.
I am proud to announce, with my colleagues @NYCCouncilthat we’ve reached a budget deal of approximately $107 billion: one that invests in hard-working people and the services they depend on, while maintaining strong reserves for our future.
— New York City (@nycgob) June 29, 2023
Municipal officials hope that the spending plan, calculated at 107 billion dollars, will ensure investments in aspects such as health, safety, education and quality of life.
Among the items in the budget, the following stand out:
$95 million to expand the Fair Rates program. This is the public transportation discount program for low-income New Yorkers.
$32 million for NYCHA’s Vacant Unit Preparation program. This in order to speed up the availability of apartments available online.
184.9 million dollars for violence prevention programs and the crisis management system.
And $100 million for access to healthcare through NYC Care.
In education, it highlights 30.3 million dollars for programs for students from kindergarten to grade 12.
This includes:
$5 million for mental health.
14 million dollars for the so-called community schools.
$4 million for arts education.
4 million dollars for an education program for immigrant families.
And $116 million for PromiseNYC, the early childhood education program for working families.
2023-06-29 22:49:00
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