The Independent Budget Office (IBO) has completed its comprehensive review of the Adams Administration’s Fiscal Year 2025 Executive Budget and Financial Plan. IBO anticipates a budget surplus of $5.1 billion in fiscal year 2024—$1.1 billion higher than the Administration.
Pursuant to Section 241 of the New York City Charter, the Queens Borough President submits its expense and capital priorities for Fiscal Year 2025 Executive Budget
Mayor Eric Adams and Chief Service Officer Laura Rog unveiled the city's plan to increase volunteer and service opportunities by 25 percent across the five boroughs — helping to build stronger communities, address the loneliness epidemic, and bolster the nonprofit sector.
April 2024 Executive Budget, Fiscal Year 2025 - Itemizes the positions, salaries, and other than personal services budgets for all City agencies. Itemizes revenue estimates by collecting agency and source.
Summarizes the major programs, priorities and objectives of the Executive Budget, capital priorities and initiatives, the general economic condition of the City and inter-governmental fiscal relations.
Interested in learning more about budget cuts to City programs like libraries? Explore our in-depth analysis of the Mayor's FY2025 PEGs and their impact on programs, services, and City functions. Check it out now.