With the annual municipal budget deadline fast approaching, the City Council’s Democratic leaders released a new analysis Tuesday estimating the city’s on track to rake in $1.1 billion more in tax revenue than what was recently projected by Mayor Adams’ office. Council Speaker Adrienne Adams and Council Finance Committee Chairman Justin Brannan — whose team has consistently estimated higher .
Adams open to rolling back some budget cuts -- as long as they make sense nydailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nydailynews.com Daily Mail and Mail on Sunday newspapers.
Mayor Adams’ administration finally submitted a request for federal migrant aid late last month just days ahead of an application deadline for the emergency funding, the Daily News has learned.
Pointing to what he described as a “$4.2 billion hole” in the city’s budget created by the local migrant crisis, Adams said the cutbacks are "smart" and compared himself to the chief executive of a struggling company.
A Wednesday press conference announcing the initiative was not attended by anyone from Mayor Adams’ administration, which has shelled out hundreds of millions of dollars so far on housing and providing services for migrants.