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Photo Courtesy of Ed Reed/Mayoral Photography Office
“A recovery for all of us starts by investing in working families across New York City. The pandemic hit us hard but together we will fight back and drive a recovery in every neighborhood,” Mayor de Blasio said.
By Forum Staff
Mayor Bill de Blasio on Monday presented the Recovery Budget, New York City’s $98.6 billion Executive Budget for Fiscal Year 2022.
“A recovery for all of us starts by investing in working families across New York City. The pandemic hit us hard but together we will fight back and drive a recovery in every neighborhood,” de Blasio said. “We are meeting the moment with direct investments in education, small businesses, open space and public health, and we are building up reserves to continue our strong fiscal foundation for the future. With the Recovery Budget, New York City will emerge from this challenge stronger, fairer, cleaner, greener and safer than ever.”
Mayor Bill de Blasio on Monday released a $98.6 billion executive budget proposal for the 2022 fiscal year, relying on new federal funds to massively increase spending aimed at spurring the city’s recovery from the coronavirus pandemic.
The mayor’s “recovery budget” invests deeply in New Yorkers, he said at his budget presentation from City Hall, with resources going towards fair student funding, summer youth programs, early childhood education, job creation, gun violence prevention, mental health services, nonprofit community groups, small businesses, and more.
The executive budget reflects a $6.3 billion increase in spending compared with the mayor’s preliminary budget proposal released in January, when the administration was uncertain about the level of federal stimulus that would be delivered by the federal government and prepared for the worst-case scenario. But the $1.9 trillion American Rescue Plan Act approved by President Biden and the Democratic Congress in Ma
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