Mayor and City Council Reach Deal on $116B Budget

Adams and Adams Shake on City Budget for Last Time

Mayor Eric Adams and City Council Speaker Adrienne Adams officially shook hands on a nearly $116 billion budget late Friday, culminating the end of the pair’s sometimes contentious negotiations while adding more money for mental-health services and child care. The fiscal year 2026 budget, which is set to be voted on by the full Council and approved next week, begins July 1. It includes investments in programs to guard the city and New Yorkers ag…

Mayor and City Council reach deal on $116B budget

More than $54 million of the plan also includes funding for free legal services for migrants.

Breaking: Mayor Adams and City Council set to shake hands on nearly $116B budget deal: sources

Jun. 27, 2025 By Ethan Stark-Miller Mayor Eric Adams and City Council Speaker Adrienne Adams will shake hands on a nearly $116 billion city budget agreement early Friday evening — a spending plan that looks to be filled with goodies for both sides of City Hall, according to a City Hall source familiar with the matter. In a break from years past, defined by Mayor Adams’ wide-ranging spending cuts to account for expenses incurred by the migrant cr…