NYC Mayor Bill de Blasio released a $92.5 billion executive budget—one that continues a steady increase in spending since he took office, even as he promised belt-tightening
New York City Mayor Bill de Blasio on Thursday released a $92.5 billion executive budget for the coming fiscal year—one that continues a steady increase in government spending since he took office, even as he promised belt-tightening.
The fiscal year 2020 budget is $300 million more than his preliminary budget released in February, despite city agencies making hundreds of millions in mandatory cuts that the mayor ordered. The City Council must approve a budget before the fiscal year starts July 1.
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