City agencies must submit their proposals for the cuts by April 14, but “they cannot include layoffs and should avoid meaningfully impacting services where possible.”
— measures which Adams previously saved the city an estimated $3 billion between fiscal years 2023 and 2024.
The city spent $817 million on the migrant crisis between March and July 2022 and is now estimating that the total cost will rise to $4.3 billion by the end of 2024, according to the memo. More than 32,500 migrants are currently living in 106 taxpayer-funded emergency hotels, according to City Hall.“adequate” assistanceThe OMB director also cited the tentative contract deal with labor union DC37 that’s slated to give 3% to 3.25% raises annually to city workers through 2026.
“On top of these concerns, the governor’s Executive Budget imposes cuts and cost shifts of more than $1 billion onto New York City,” wrote Jiha, noting Hochul’s not-yet-approved budget proposal, which would require the Big Apple to pay $530 million more to the MTA on top of the $2.4 billion that the city already contributes, as well as $340 million to cover a new annual cut in Medicaid.
The missive also referred to the city’s slowing tax revenue growth and fear of an economic recession, citing a need to “act now” to “avoid disruption to programs and services that keep our city clean, safe, and healthy.”
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