“The budget that the City Council is being asked to approve today does not meet those principles. So I will be voting no.
There’s no way around it: this year’s City budget must be different. NYC is facing an estimated $9 billion dollar deficit due to the coronavirus disruptions in our economy. The City Council is currently in the middle of negotiating the fiscal year 2021 budget with the mayor’s administration, in order to reach an agreement by July 1.