Mayor Adams' revised budget prioritizes fire, sanitation, and city services.

NYC Mayor Eric Adams has proposed a revised $106.7 billion budget that reduces some of the cuts he had initially sought from public libraries and city agencies like fire, sanitation, parks, and homeless services. The budget reflects the prospect of an economic slowdown that will affect tax revenues as well as billions of dollars in costs associated with the care of tens of thousands of migrants arriving from the southern border. The city projects a budget deficit of $4 billion in fiscal year 2025, which will climb to $7 billion in 2027.