• Contact Us
  • Login
Subscribe
LittleAfrica News
  • Home
  • About Us
    • Mona Davids, Founder and Publisher
    • Mymoena Kalinisan-Davids, Director of Communications and Editor-in-Chief
  • Newspaper Editions
  • Metro
  • U.S.
  • Africa
  • Caribbean
  • International
No Result
View All Result
  • Home
  • About Us
    • Mona Davids, Founder and Publisher
    • Mymoena Kalinisan-Davids, Director of Communications and Editor-in-Chief
  • Newspaper Editions
  • Metro
  • U.S.
  • Africa
  • Caribbean
  • International
No Result
View All Result
LittleAfrica News
No Result
View All Result
Home Metro

Mayor Adams Op-Ed: My Preliminary Budget Address

Mayor Eric Adams by Mayor Eric Adams
January 15, 2023
in Metro
104
SHARES
872
VIEWS
Share on FacebookShare on Twitter

Every year, the Mayor presents a budget to the people of New York City. This budget is about much more than what we are spending and what we are spending it on. It is a statement of values and a declaration of purpose: Creating a safer, more prosperous and equitable city for all.

This is the city that our responsible and focused Fiscal Year 2024 Preliminary Budget continues to make possible.

Since Day One, fiscal discipline has been the hallmark of this administration. We are focused on governing efficiently and getting results. Over the past year, we have made our city safer and continued our economic recovery. We have funded and will continue to support programs that benefit everyday New Yorkers — including public safety, affordable housing, and clean streets. 

It can be tempting to add a bunch of new spending, and certainly there are many who will call for us to spend beyond our means. But we can’t put the future of our city at risk by overextending ourselves today. It will just force deeper cuts and greater pain down the line.

With lower tax revenues, rising health care costs, and the continuing crisis of asylum seekers being bused into New York City, we must proceed with caution and clarity. And thanks to strong fiscal management, we were able to save $3 billion over this fiscal year and the next. And we accomplished this without laying off a single employee or reducing services, especially when it comes to the NYPD and public safety.

I am proud that, despite the many challenges I’ve mentioned, our budget protects funding for the transformative programs we’ve rolled out over the past year, including the Earned Income Tax Credit, which directly benefits working families, the largest summer jobs program in City history, and violence prevention programs for communities most affected by the epidemic of gun violence. And we’re not waiting any longer to invest in the housing our city needs, starting in Willets Point, where we will transform the neighborhood with thousands of units of affordable housing and a world-class soccer stadium.

In addition, we have continued to invest in our students and schools. This includes more resources for students with disabilities, literacy and dyslexia screenings, summer enrichment, healthy food, career pathways, and the gifted and talented programs.

Even with federal stimulus money running out, we’ve kept per student funding at a higher level than before the pandemic, adding an additional $80 million to that funding pool for Fiscal Year 2024. This keeps the total at $160 million for another academic year. We were also able to increase the capital funding our city uses to build and maintain the infrastructure we all rely on, including affordable housing, health care facilities, parks and other public spaces.

And as every New Yorker knows, it’s important to be prepared for change. Whether it’s new labor contracts, asylum seeker costs, or the next unexpected event—the bills will come due.

That’s why this Preliminary Budget maintains reserves at a record $8.3 billion, an amount that will allow us to respond effectively to any unforeseen events. Our disciplined and efficient budget keeps us safe and allows us to continue to provide the essential services New Yorkers rely on.

This is just the beginning of a process, and we look forward to working with our communities and our Council colleagues on the final budget. There may be those who say that we should do things differently, that we should extend ourselves further, save less and spend more. But as mayor, the buck stops with me. It is my responsibility to keep our city strong and resilient, prepared for whatever lies ahead.

 

Read this story in the latest digital edition or pick up a copy of the paper at over 400 news stands and stores in New York City.

Related

Tags: LittleAfrica NewsMayor Eric AdamsNew York CityPreliminary Budget
NYC Small Business Services - Business Express Service Team NYC Small Business Services - Business Express Service Team NYC Small Business Services - Business Express Service Team
Previous Post

Governor Hochul Gives State of the State Address

Next Post

Mayor Adams Presents Preliminary Budget for Fiscal Year 2024

Mayor Eric Adams

Mayor Eric Adams

Related Posts

New York City Mayor Eric Adams Gives 2nd State of the City Speech
Metro

New York City Mayor Eric Adams Gives 2nd State of the City Speech

by LittleAfrica Staff Writer
January 27, 2023
1.7k
Narcan
Metro

NYC Runs Narcan Behind Every Bar Campaign

by LittleAfrica Staff Writer
January 25, 2023
966
Eric Adams Breaking Bread Breaking Bonds dinner
Metro

Mayor Eric Adams Launches “Breaking Bread, Building Bonds” Initiative

by LittleAfrica Staff Writer
January 25, 2023
1.3k
NYC’s Yellow Cab Drivers Get Wage Increase
Metro

New York City Mayor Eric Adams Announces Taxi Debt Relief Program Success

by LittleAfrica Staff Writer
January 25, 2023
493
SBS Opportunity Fund Announcement
Metro

Mayor Adams Launches $75 Million Opportunity Fund For Small Business

by LittleAfrica Staff Writer
January 25, 2023
798
Next Post
Mayor Adams Presents Preliminary Budget for Fiscal Year 2024

Mayor Adams Presents Preliminary Budget for Fiscal Year 2024

Translate

en English
sw Swahiliyo Yorubazu Zuluso Somalisu Sudanesesn Shonaht Haitian Creolefr Frenchpt Portuguesenl Dutchen Englishes Spanishde Germanru Russianar Arabicaf Afrikaanssq Albanianam Amharicbn Bengalizh-CN Chinese (Simplified)da Danishtl Filipinofi Finnishel Greekha Hausaiw Hebrewhi Hindiis Icelandicig Igboit Italianja Japaneseko Koreanlb Luxembourgishms Malaymi Maorino Norwegianfa Persiansv Swedishtr Turkish
LittleAfrica News Newspaper Front Page-Jan17-30
Metro

LittleAfrica News Newspaper : January 17-January 30, 2023

Local, National, and International News for the Diaspora LittleAfrica News Newspaper : January 17 — January 30, 2023

January 15, 2023
Metro

LittleAfrica News Newspaper : January 3-January 16, 2023

Local, National, and International News for the Diaspora LittleAfrica News Newspaper : January 3 — January 16, 2023

January 2, 2023
LittleAfrica News Newspaper : December 13 — January 2, 2023
Metro

LittleAfrica News Newspaper : December 13 — January 2, 2023

Local, National, and International News for the Diaspora LittleAfrica News Newspaper : December 13, 2022 — January 2, 2023

December 13, 2022
LittleAfrica News Newspaper : November 29 — December 12
Print Newspaper Edition

LittleAfrica News Newspaper : November 29 — December 12

Local, National, and International News for the Diaspora Little Africa News Newspaper : November 29 — December 12

November 27, 2022
LittleAfrica News Newspaper : November 15 — November 28
Print Newspaper Edition

LittleAfrica News Newspaper : November 15 — November 28

Little Africa News Newspaper : November 15 — November 28

November 12, 2022
Print Newspaper Edition

LittleAfrica News Newspaper : November 1 — November 14

Local, National, and International News for the Diaspora Little Africa News Newspaper : November 1 — November 14 

October 31, 2022

Local, National, and International News for the Diaspora

BOMESI - Black Owned Media Equity and Sustainability Institute

Recent Posts

  • New York City Mayor Eric Adams Gives 2nd State of the City Speech
  • Biden Administration Launches Welcome Corps Program for Migrant Sponsorship
  • NYC Runs Narcan Behind Every Bar Campaign
  • Nigeria Opens New Port in Lagos
  • Mayor Eric Adams Launches “Breaking Bread, Building Bonds” Initiative

Menu

  • Home
  • About Us
    • Mona Davids, Founder and Publisher
    • Mymoena Kalinisan-Davids, Director of Communications and Editor-in-Chief
  • Newspaper Editions
  • Metro
  • U.S.
  • Africa
  • Caribbean
  • International

© 2022 LittleAfrica News. A Project of Social Impact Strategies. All Rights Reserved.

No Result
View All Result
  • Contact Us
  • Home
  • LittleAfrica News Newspaper : March 1 – March 15
  • LittleAfrica News Newspaper Print Edition : February 16 – February 28
  • Mona Davids, Founder and Publisher
  • Mymoena Kalinisan-Davids, Director of Communications and Editor-in-Chief
  • Newspaper Digital Editions
  • Privacy Policy
  • Terms of Use

© 2022 LittleAfrica News. A Project of Social Impact Strategies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?