“New York City’s economy has proven to be durable and resilient, resulting in greater tax revenues that the Council’s economists accurately projected. It is imperative that the City’s resources are meaningfully invested in solutions to the challenges facing working-class New Yorkers, and the Administration’s investments must align with its stated goals. While housing and infrastructure investments from the Council’s City for All plan are included in the FY26 Preliminary Budget, there are still investments missing from major city priorities.
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