De Blasio to unveil final budget proposal on Thursday

de blasio budget
Mayor Bill de Blasio releases his first executive budget on Thursday.
Credit: @NYCMayorsOffice/Twitter

After weeks of negotiations at City Hall, Mayor Bill de Blasio is expected to release his final budget proposal for the upcoming fiscal year.

Back in February, the mayor called for $73.7 billion to pay for his first year’s agenda, which he called both aggressive and progressive at the time.

Some of the questions that loomed over that initial announcement have been answered — at least partially.

On Monday, de Blasio unveiled a $41 billion, ten-year plan to address the city’s shrinking stock of affordable housing that would commit at about $8 billion from the city’s coffers.

Budget experts, however, have been left asking how the city’s capital budget — which is generally devoted to long-term projects — might be affected by such a promise.

Last week, de Blasio settled a $5.5 billion, nine-year contract with the United Federation of Teachers that called for both school reforms and retroactive pay that the mayor has argued would serve as a template for the remaining 150-something contracts.

There haven’t been any big surprises since de Blasio’s original announcement, said

Nicole Gelinas, a senior fellow at the Manhattan Institute, said she will be looking for the administration to detail how it will fulfill its commitment give teachers’ retroactive pay without putting a burden on future budgets.

“It not only affects this mayoral term but the following as well,” she explained.

The deal with the teacher’s union also includes $1.3 billion in healthcare savings, but Gelinas explained that those details hadn’t been fully explained by the administration either.

Meanwhile, the administration has also been mum on how much the city is ready to commit to its long-term infrastructure.

De Blasio’s preliminary budget expected to have spent $8 billion dollars on capital projects by the end of the current fiscal year. That decreases to $7.3 billion under de Blasio’s first budget, then again to $6.8 billion the following year before sinking to 6.1 billion in three year’s time.

Jonathan Bowles, executive director for think tank the Center for an Urban Future, that he would be looking to de Blasio’s final budget to see where the city might do in regards to its infrastructure woes.

“The question is where is the money going to come from given all of the administration’s priorities,” he said, adding that the city would need more than one year’s budget to fully address the issue.

Infrastructure spending already came up as conflict between the City Council and administration. The lawmakers requested an additional $257 million to the overall budget, some of which would go to cuts the mayor’s office made to the city’s road resurfacing budget.

The city has previously spent up to $180 million on city roads in recent years. The original de Blasio budget knocked it down to $127 million.

The Council also made another request in its budget proposals that raised some concerns from the administration.

City Council Speaker Melissa Mark-Viverito announced they requested $94.3 million to got to more cops on the streets and $26.3 million for 500 new civilian staffers at NYPD, but both de Blasio and Police Commissioner Bill Bratton have hesitated to get behind increased head counts.

The city has until July 1 to adopt the budget.

Follow Chester Jesus Soria on Twitter @chestersoria



News
Entertainment
Sports
Lifestyle
National

Dogs are capable of feeling jealousy - U.S.…

By Curtis Skinner(Reuters) - Dogs are a man's best friend, and research released on Wednesday says canines want to keep it that way.Dogs are capable…

Local

G train riders brace for five-week shutdown

G train service will be suspended between Brooklyn and Queens between Friday, July 25, and Tuesday, Sept. 2.

International

Peaches Geldof's death was drugs-related, coroner rules

LONDON (Reuters) - The death of Peaches Geldof, the daughter of musician and Band Aid founder Bob Geldof, was drugs-related, a coroner ruled on Wednesday.The…

Local

Family, supporters gather in Brooklyn for Eric Garner…

Family members gathered on Wednesday for the funeral of Eric Garner, who died shortly after police put him in a banned chokehold as they arrested him.

Going Out

Where to go drinking on National Tequila Day…

Thursday is just close enough to the end of the week to make you envision yourself already sunning on a beach towel or lounging by…

Going Out

Things to do in NYC this week: July…

Performing arts A 70’s Summer Night Friday, 6:30 p.m. The Green Building 452 Union St., Gowanus $35, 347-529-6473 Party like it’s summer in the 1970s…

Going Out

5 must-try dishes at Edible Manhattan's Good Beer

Rooting out the exotic amid the New York City bar scene is noble quest. But if you’d like to have it all come to you,…

Books

Art imitates life (almost) in David Shapiro's new…

David Shapiro talks about his book, "You're Not Much Use To Anyone."

NFL

Jerry Reese confident with Giants, skipping countdown clocks…

Last year, Giants GM Jerry Reese installed a countdown clock in the locker room to inspire Big Blue to play in their own stadium for Super Bowl XLVIII.

MLB

Brandon McCarthy finds his calling on Twitter

Yankees starter Brandon McCarthy joined Twitter three year ago for the same reason many people do: to get news quickly.

Sports

NBA great LeBron James sends 800 cupcake apologies…

By Kim PalmerCLEVELAND (Reuters) - NBA star LeBron James, whose recent return to the Cleveland Cavaliers in his home state of Ohio sparked a frenzy…

NFL

Fantasy football: Johnny Manziel could give your running…

Fantasy football: Johnny Manziel could give your running game a boost

Food

Recharge with a post-workout smoothie from Nicky Hilton

Some people can roll out of bed right as their alarm goes off. And that alarm isn’t set for 20 minutes before they have to…

Education

Colleges are increasingly embracing the concept of gender-neutral…

  Northwestern University recently made headlines after announcing that it would be installing two gender-neutral bathrooms in the university's student center. “These are two gender-open…

Career

How to prepare to interview for your dream…

    Congratulations! You landed a job interview at your dream company! A lot of hard work has gone into determining which companies to apply…

Style

The shirtdress is a summer must-have

  We love throwing on our boyfriend’s shirt and a pair of jeans (no matter how much he grumbles that it’s his turn to wear the…