De Blasio to pitch preliminary budget of $84.67 billion for 2018

Posted On Tue, January 24, 2017 By

Posted On Tue, January 24, 2017 By In From Our Partners

New York City Mayor Bill de Blasio is preparing to unveil a preliminary $84.67 billion budget for fiscal 2018, approximately more than $1 billion over the current fiscal year, his office said late on Monday. “This is a responsible budget that focuses on improvements to public safety, education, infrastructure and affordability,” a spokesman in the mayor’s office said. New York’s City Council will hold budget hearings over the coming months. It must approve de Blasio’s executive budget proposal by June 30.

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