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June 2021 Adopted Budget, Fiscal Year 2022

Mayor Bill de Blasio, City Council Speaker Corey Johnson, Council Finance Chair Daniel Dromm and members of the City Council today announced an agreement on the Recovery Budget, an on-time balanced City budget for Fiscal Year 2022 (FY22). The foundation for the $98.7 billion Recovery Budget is the strategic investment of stimulus funds that will drive New York City’s economic comeback and build a recovery for all of us.

"The Recovery Budget is a radical investment in working families. It will drive economic growth in every neighborhood, all while building on strong reserves and investing stimulus funds aggressively to put the pandemic behind us, once and for all,” said Mayor Bill de Blasio. “This budget is a historic investment in New York City and it’s exactly how we will achieve a recovery for all of us.”

The Recovery Budget meets five core goals:

  • Finishing the fight against COVID-19

  • Building on strong reserves

  • Boosting economic growth in every neighborhood

  • Delivering an academic and emotional recovery for every student

  • Keeping all communities safe

Read the Fiscal Year 2022 Adopted Budget here

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