The FY19 Executive Budget is balanced, totaling $89.06 billion. This budget:
Makes modest investments that build upon continued efforts to make New York City the fairest big city in America.
Includes $754 million in savings – made up of partial hiring freezes, agency efficiencies and debt service re-estimates – exceeding the Mayor’s promise of $500 million and bringing total savings since last June to $2.1 billion.
Provides for New Yorkers while demonstrating fiscal responsibility and caution in the face of more than $530 million of realized threats from Albany, with additional threats from Washington looming.