

What's in the Mayor's Budget Proposal?
May 2, 2025
Randy Mastro, the First Deputy Mayor of New York City, shares insights on Mayor Adams' ambitious $115 billion budget proposal. He discusses plans to boost after-school programs, adding 5,000 slots for K-5 students, a significant step for children's education. Mastro highlights the proposal's focus on public safety and community resources amidst falling crime rates, and addresses potential challenges like the loss of child care vouchers for thousands of families. He emphasizes the importance of fiscal resilience in these uncertain economic times.
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Comprehensive Future-Focused Budget
- The budget invests in public safety, affordable housing, jobs, and universal K-5 afterschool programs.
- It aims to build a city attractive to families with quality education and housing options.
Universal K-5 Afterschool Expansion
- The city is adding 20,000 new afterschool seats over the next three years to reach near universal K-5 coverage.
- Funding for this expansion is baselined, making it a permanent budget commitment.
Understanding Baseline Budgeting
- Baseline budgeting means funding automatically carries over year to year, making programs consistently supported.
- Changes to such baselines are rare unless catastrophic circumstances occur.