NYC’s budget talks stalled ahead of July 1 deadline as City Council is ‘committed to restoring cuts’ from Adams’ spending plan
Buckle up for turbulence!
Budget negotiations remain fraught with tensions between frenemies Mayor Eric Adams and his City Council counterpart Adrienne Adams — despite Hizzoner confidently crowing they’ll land the proverbial plane before a July 1 deadline.
Adrienne Adams, no relation to the mayor, remained coy during a meeting Tuesday about where negotiations had reached, but maintained the council is “committed to restoring cuts” to a laundry list of agencies.
She then committed to a dizzying array of aeronautical metaphors that strongly hinted talks have stalled over the mayor’s proposed $111.6 billion budget for next year.
“We have banked left. We’re in a holding pattern. We’re circling the airport, and if possible, there will be a diversion,” she quipped.
New York City won’t face a full-blown catastrophe if budget talks crash and the city’s burns past the July 1 deadline.
The city simply will revert to the mayor’s most recent proposed budget until a new deal for fiscal year 2025 can be struck.
Such a scenario would not restore $170 million and $58 million in respective cuts to early childhood programs and libraries — two big priorities for many lawmakers, and a key source of contention in the ongoing talks, sources said.
Council members have previously told The Post that there’s still a sizable gap between what they and City Hall officials believe is the city’s current revenue — putting them at odds over minor budgetary lines.
