The mayor is anticipated to formally reveal the chief price range for the 2026 fiscal yr in a speech in Queens Thursday.
This price range comes as Adams runs for re-election, and as economists warn of a potential recession amid President Trump’s tariffs and federal funding minimize threats.
Adams, who’s emphasizing affordability and public security as his core points headed into the November common election, stated in an announcement that the plan prioritizes working households and famous that the town is sustaining funds to offer monetary safety for New Yorkers.
“We are doing all of this while maintaining record-high reserves to help us face anything that comes our way,” Adams stated. “This is the budget my mom needed, that my family needed, and, with it, we’re saying to working families: your city has your back.”
The price range blueprint is available in at $115.1 billion — simply barely larger than Adams’ $114.5 billion preliminary price range proposal launched in January.
The proposal consists of about $3.4 billion to assist a uniformed workforce of about 34,000 NYPD officers within the 2026 fiscal yr, which begins July 1, based on the preview of the plan.
That also decrease than the variety of officers the NYPD had pre-pandemic. Since then, the division has handled a severe staffing disaster, as officers have retired in giant numbers with out being changed.
Mayor Eric Adams declares that the New York Metropolis Police Division (NYPD) uniform officer headcount is on the trail to achieve 35,000 by the autumn of 2026. . NYPD Police Academy, Flushing. Wednesday, April 30, 2025. (Ed Reed/Mayoral Images Workplace)
Along with the funding, Adams introduced Wednesday his administration is on observe to truly get 35,000 officers again on the NYPD headcount by fall 2026. He credited that to a reform enacted earlier this yr by NYPD Commissioner Jessica Tisch that lowers the variety of school credit a police recruit should have to use to affix the division.
Since that coverage shift, greater than 9,700 individuals have utilized to take the NYPD officer examination, based on the mayor’s workplace.
The mayor’s price range proposal additionally commits to doling out $199 million every year to fund education schemes as soon as bankrolled by federal pandemic-era stimulus funding.
Although Adams is touting his plan because the “best budget ever,” it doesn’t restore some key funding reductions he included in his January 2026 fiscal yr spending proposal.
The Metropolis Council has persistently argued that virtually all these reductions needs to be restored. The truth that the plan didn’t reverse a few of them point out its Democratic members and the mayor may nonetheless have a rocky few months of negotiations forward of them earlier than they have to attain a deal on the following price range by July 1.
After the mayor confronted fierce criticism for beforehand introduced cuts to 3-Okay and preschool companies, on this plan he’s dedicated to placing $167 million in annual funding to proceed working these applications, with $92 million in new baselined funding for the town’s 3-Okay program offering free full-day training for 3-year-olds.
Nonetheless, that falls wanting the minimal $112 million the Council says is important for common 3-Okay. The Council’s price range response from final month referred to as for a $55 million improve in funding for pre-Okay particular training seats, too.
Adams’ plan proposes including $15.7 million in further funding for the town’s three public library techniques’ operations. Nonetheless, that extra funding allotted by Adams’ plan additionally falls wanting what the Metropolis Council and advocates say is required.
In its price range response final month, the Council argued the town must safe a further $62.5 million in baselined funding for the three techniques within the subsequent price range as a way to handle “unmet expense needs.” The Council additionally argued in its response that such a funding improve would permit the town to “expand 7-day library service to 10 additional branches citywide.”
