“In this public health emergency there is nothing more important than providing for the most vulnerable New Yorkers – communities of color, immigrants, seniors, and those experiencing homelessness.
“The Mayor’s budget relies on a mix of savings, reserves, and federal stimulus funds to maintain a balanced budget. A more robust savings program in prior years would have helped to build up a bigger cushion to protect against cuts that will be devastating in particular to New York City’s youth.
“What is abundantly clear, however, is that in order for us to get on our strongest fiscal footing, we need the federal government to step up. New York City is both the epicenter of this crisis and the financial capital of the country. The national recovery starts here, and the federal government needs to provide wide-ranging, robust financial support in recognition of our central role.
“We look forward to reviewing this budget and ensuring that it secures the social safety net, protects jobs, delivers for all New Yorkers, and sets the stage for our city to rebuild.”
