NYC’s budget plane on a risky flight path as City Council takes Adams for a ride

Mayor Adams stood with his toy airplane Friday, boasting of his $112.4 billion budget agreement with the City Council.

“We guided the plane through all the turbulence,” he said, borrowing City Council Speaker Adrienne Adams’ metaphor of the contentious budget deal and describing themselves as co-pilots landing the plane.

But in fact, the mayor entirely ceded the plane’s joystick to the speaker — he had no flight plan and seemed happy to have been taken for a bumpy ride in a pointless circle.

opinion, adrienne adams, city budget, city council, eric adams, government spending, nyc’s budget plane on a risky flight path as city council takes adams for a ride
4

Mayor Eric Adams and City Council Speaker Adrienne Adams at City Hall, holding a model airplane symbolizing the 2025 NYC budget agreement. Robert Miller

The mayor came into office promising to be a pragmatic pilot, but this budget — more like $115.1 billion, when adjusted for a surplus carried over from the current year — represents a loss of control.

The budget’s approximately $88.1 billion in city-funded spending (after state and federal grants) is $13.6 billion, or 18.3%, higher than the final budget Adams inherited from Bill de Blasio — and that’s saying a lot in the wake of that spendthrift administration.

A little more than a third of that increase is attributable to the migrant crisis; the rest is higher payroll and debt costs.

The overall spending rise of 15.6% has even outpaced high inflation.

Last year, the mayor warned apocalyptically of the need to make major budget cuts to pay for migrant spending, including the slashing of library hours and police classes, saying the belt-tightening would be “extremely painful.”

opinion, adrienne adams, city budget, city council, eric adams, government spending, nyc’s budget plane on a risky flight path as city council takes adams for a ride
4

“We guided the plane through all the turbulence,” Adams said to the crowd. Robert Miller

He reversed himself on trims to the police budget earlier this year, leaving some of his fiscal integrity behind on the tarmac.

Now, he’s thrown the rest of that credibility out of the cargo hold: He let the City Council entirely reverse almost all the rest of his proposed cuts.

As the council estimated in a Friday statement, “Over $1 billion of the council’s priorities were added, including full library service, cultural institutions, school and student support programs.”

Some of these reversals are perfectly valid: New York needs libraries to remain open on weekends, for example.

The mayor himself said at a Friday post-budget rally, “we spend time in our libraries . . . We know this is where seniors go.”

opinion, adrienne adams, city budget, city council, eric adams, government spending, nyc’s budget plane on a risky flight path as city council takes adams for a ride
4

The city’s 15.6% spending rise has even outpaced high inflation. Robert Miller

Raising the question: Why did he even propose such a cut — which would only have saved a drop-in-the-bucket $58.3 million — in the first place?

Even worse, these proposed cuts weren’t just part of a budget charade, but actual: Libraries started closing on Sundays in December.

This, while middle-class parents rely on weekend library events to entertain their kids — at a time when New York City has lost nearly 200,000 children, or 9%, since COVID-19 lockdowns, according to reports.

Parents already must navigate much higher crime, disorder and costs — why give them needless anxiety, and another reason to leave, by taking away one of the city’s few free weekend amenities?

Plummeting school enrollment — down 12% since pre-pandemic years — does mean the city could stop its constant increases in the public-school budget to better allocate the money it has.

Yet the $39.5 billion schools budget Adams proposed in April included $22.7 billion in city taxpayer funds, up from a $37.7 billion budget, including $19.4 billion in city funds, in 2022.

This 17% percent increase in three years should be plenty for a shrinking system, but Adams let the council add another $700 million.

As well, the council convinced the mayor to add $2 billion over the next few years in longer-term housing rehabilitation.

The city will borrow the money to do this, adding to its annual debt costs, which are already rising from $7.5 billion this year to $8.2 billion next year.

opinion, adrienne adams, city budget, city council, eric adams, government spending, nyc’s budget plane on a risky flight path as city council takes adams for a ride
4

Mayor Eric Adams and City Council Speaker Adrienne Adams described themselves as co-pilots while celebrating the budget deal. Robert Miller

Meanwhile, though Adams ran as the anti-crime, pro-police mayor, he has never proposed any increase in the size of the police force, now about 34,000 — a steep drop from its peak strength of 40,000 around the turn of the millennium.

Police are exhausting themselves with overtime, and felonies are 39% higher than in the pre-Adams era.

And for all the talk of turbulence, the city has been enjoying economic smooth air, albeit at low altitude.

Though New York continues to lag the country in economic growth, we aren’t suffering recession.

That makes this a good time to put some money away in the rainy-day fund, in case of an economic downturn — but as the Citizens Budget Commission points out, Adams is skipping that this year.

Yes, the mayor’s budget plane is back on the ground.

But with the City Council’s spending adding $1 billion or so to the $5.5 billion deficit already projected for next year, it may be too heavy to lift off again, leaving New Yorkers stranded on the runway.

Nicole Gelinas is a contributing editor to the Manhattan Institute’s City Journal.

OTHER NEWS

10 minutes ago

How to watch 2024 NASCAR Chicago Street Race: Start time, TV info, drivers, course map

11 minutes ago

Calgary mayor to provide update on status of city’s water system

11 minutes ago

Winnipeg Indigenous centre gets federal funding for upgrades to heritage building

11 minutes ago

Liverpool: Euro 2024 star David Hancko confirms Arne Slot talks and verdict on £21m transfer links

11 minutes ago

Romania vs Netherlands: Ronald Koeman urges Dutch players to use Euro 2024 criticism as fuel

11 minutes ago

How ‘upflation’ is driving up prices for oddball products like all-body deodorant, pubic hair razors

11 minutes ago

Chinese scientists create Frankenstein robot that has a HUMAN BRAIN

14 minutes ago

Baekhyun Talks First Solo Tour, Next Solo Album, & Starting New Company INB100

14 minutes ago

EXCLUSIVE: L'Oréal and Debut Aim to Develop Biotech Ingredients for Sustainable Beauty

14 minutes ago

Tax on foreign investors ‘forcing them out’ of the Australian property market

14 minutes ago

2 shares I’d give a wide berth to in today’s stock market

15 minutes ago

Taylor Swift praised for 'doing more than Government' after touching gift to UK cities

15 minutes ago

All the iconic movies and TV shows leaving Netflix this month

15 minutes ago

Supreme Court leaves Illinois assault weapons ban in place as it sidesteps new cases on the right to bear arms

15 minutes ago

Australians appear to be losing faith in Albanese and the Labor government

15 minutes ago

TSX Today: What to Watch for in Stocks on Tuesday, July 2

15 minutes ago

Scientists design robot that can jump higher than the Statue of Liberty

15 minutes ago

Deputy PM Oliver Dowden reveals his pick for next Tory leader in leaked recording

15 minutes ago

Marketa Vondrousova is the first defending women's Wimbledon champ out in the first round since 1994

15 minutes ago

Taylor Swift Brings Eras Tour After Party to Dublin Bar With Stevie Nicks and Paramore

15 minutes ago

Bears to allow Jonathan Owens time off camp to see Simone Biles in Olympics

15 minutes ago

Ilya Samsonov Era Ends, Bets on Himself With Vegas Golden Knights and Where Maple Leafs From Last Season Ended Up

15 minutes ago

Team Canada unveils women’s Olympic basketball roster

16 minutes ago

Why you can get sunburnt through a window but it won't help with your vitamin D needs

16 minutes ago

WA farmers react to live sheep export ban

16 minutes ago

Euro 2024: Fans question Ed Sheeran’s ‘depressing’ private concert for England team

16 minutes ago

Oxford University student dies in River Thames while ‘celebrating end of exams’

16 minutes ago

Southampton boss Russell Martin signs new three-year contract

16 minutes ago

Austria v Turkey LIVE: Team news and line-ups as Ralf Rangnick’s side chase quarter-final spot at Euro 2024

17 minutes ago

Founding fathers would be appalled by how powerful the President and Supreme Court are: A.J. Jacobs

17 minutes ago

Here's How Much Investing $10,000 in Nvidia When It Went Public Would Be Worth Now

17 minutes ago

Shaquille O'Neal Settles Caitlin Clark, Angel Reese WNBA Rookie of the Year Debate

17 minutes ago

Australia has 'zero chance' of meeting government’s plan to build 1.2 million new houses

17 minutes ago

The Corrs star Sharon in tears after Ryanair 'refused' to let singer board flight

17 minutes ago

Here's the latest on Innocent Sadiki's burned house scandal

17 minutes ago

Expansion scaled back at electric car battery champion after mystery deaths

17 minutes ago

British Grand Prix 2024: F1 race start time, full schedule, weather forecast and how to watch on TV for FREE

17 minutes ago

Douglas is Cancelled star Karen Gillan: 'Being cancelled? We should find space for second chances'

17 minutes ago

Is it safe to travel to Greece right now?

17 minutes ago

Six Flags-Cedar Fair merger creates largest amusement park operator in North America