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Tag: 114.5B

NYC Mayor Adams avoids deep budget cuts in record-breaking $114.5B election year spending plan

Mayor Eric Adams announced a record $114.5 billion spending plan Thursday, achieving his first city budget without painful spending cuts in an election year. The fiscal year 2026 spending plan is about $2 billion more than New York City's last enacted budget and includes investments in mental health, parks and quality of life programs. “By […]

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