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Overview of budget priorities and negotiations

0:14:05

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104 sec

Speaker Adams provides an overview of the budget priorities and negotiations, emphasizing the need for effective government and investments in key areas for New Yorkers.

  • The speaker highlights the importance of accurate economic forecasting and data-driven decision making
  • Key priorities include affordable housing, early childhood education, K-12 education, mental health care, and community safety
  • The speaker emphasizes the need to move from restoring to strengthening and building in future budget processes
Adrienne E. Adams
0:14:05
In my state of the city, I said, let's get back to basics.
0:14:09
New Yorkers need an effective government so that all of us and future generations can build their legacies in our great city.
0:14:17
That continued to be our North Star for this budget to build a strong and stable foundation for our city and all New Yorkers.
0:14:25
Our Council Finance Division And Its Economist correctly guided us with accurate data regarding what to expect in terms of our economic outlook and forecasted revenues.
0:14:36
We were clear about the challenges about the challenges and that we have the resources to invest in New Yorkers and protect what they rely on.
0:14:46
The families and people of this city need affordable housing and early childhood education to remain here.
0:14:53
Our students need support to continue recovering from historic learning loss from the pandemic, and we must prioritize resources for mental health care community safety, cultural institutions, libraries, parks, senior services, and so many other vital programs.
0:15:11
Skyrocketing housing costs and the lack of affordable housing also guided our work to secure investments for more affordable housing development and homeownership opportunities with the leadership of chairs Riley, Salamanca Sanchez And Banks, along with many other members.
0:15:27
We are immensely proud of the work accomplished by this council to restore funding for these priorities.
0:15:34
And at the same time, we know there is so much more that our cities and communities need.
0:15:40
It is imperative for our city's future that the budget process moves away from restoring and boards, strengthening, and building.
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