Mayor Adams has ordered across the board budget cuts for agencies as the city drowns in red ink.
Every agency is being required to reduce spending by five percent, including the NYPD and schools. He said New York doesn't have the money to keep funding at current levels.
"Migrant costs are going up, tax revenue growth is slowing, and COVID stimulus funding is drying up," Mayor Adams said.
The mayor warned that this round of budget cuts may not be the end. Adams said two more rounds of spending cuts could be needed early next year unless it gets more help in dealing with the migrant crisis.
"No city should be left to handle a national humanitarian crisis largely on its own, and without the significant and timely support we need from Washington, D.C., today’s budget will be only the beginning," Adams said.
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