Mayor Eric Adams revealed his price range draft for the fiscal 12 months that begins in July — and identical to final 12 months, he proposes to slash spending.
We will’t take this “austerity” too severely. Final 12 months, Adams’ related price range cuts melted away earlier than the ultimate model was inked in June.
There is one thing we should always take severely, although, from what Adams de-emphasized in his price range presentation: Is the mayor shedding his mojo on crime?
The 2024 price range draft tasks $103.4 billion in complete spending, together with $77 billion funded by metropolis taxpayers. (The rest comes from federal and state grants, primarily for schooling and well being care.) That $77 billion would signify a 2.6% decline over this 12 months’s spending, even earlier than accounting for top inflation.
New York hasn’t seen a proposed decline in spending because the monetary disaster of a decade and a half in the past. So outright proposing a decline is a dramatic opening transfer by the mayor.
And a few a part of this decline will likely occur, as town is just axing one other 4,300 vacant positions it could possibly’t fill, on prime of an analogous discount this 12 months. Adams argues that with 23,000 positions nonetheless vacant citywide, companies can nonetheless do their jobs. “Don’t imagine them” if they are saying they’ll’t, he mentioned. After Mayor Invoice de Blasio padded the payrolls with tens of hundreds of recent administrative positions, that is theoretically true.
But it surely certain doesn’t make plenty of sense for Adams to be including six-figure “chief decarbonization officers throughout a number of companies” when key enforcement positions throughout town are unfilled, and town clearly can’t grapple with its acute quality-of-life points, together with new, unregulated marijuana shops throughout Occasions Sq..
And a 12 months in the past, the mayor additionally proposed a slim price range — to carry spending practically flat. The ultimate price range as a substitute elevated city-tax spending by 6.7%. And although a lot of this was the work of the Metropolis Council, Adams didn’t struggle that onerous, signing his settlement with lawmakers just a few weeks early.
We will anticipate an analogous final result this 12 months, particularly because the academics union closely embarrassed the council final 12 months, after council members tried to again away from the tiny schooling cuts that they had agreed to with declining enrollment.
And one would possibly suppose the identical final result can be acceptable this 12 months: If spending goes up by one other 6.7%, that’s no less than solely in keeping with excessive inflation, nonetheless operating 6.5% final month after skidding towards double digits final 12 months.
However: Many of the influence of excessive inflation isn’t even mirrored within the price range — but.
As Adams reminded reporters Thursday, nearly all town’s labor contracts with its greater than 300,000 staff are expired, and staff are demanding inflation-linked raises. “These settlements will add billions of {dollars} to our metropolis’s price range,” he mentioned. “The payments will come due.”
It’s hardly sensible to provide away a lot cash in public; put it aside for negotiating.
One other big-ticket merchandise lacking from the price range: a real accounting of the price of housing greater than 40,000 new migrants. “We’re conducting a brand new evaluation,” the mayor says.
To this point, although, the administration has been lower than clear about why it should home migrants in the course of Manhattan in near-top-rack accommodations or construct emergency tents after which instantly shut them down. Who’s benefitting from these opaque contracts?

The ultimate problem absent from Adams’ year-two price range, although, is way emphasis on crime. Adams solely talked about crime in his presentation to inform us that crime is down, and the phrase “crime” doesn’t seem in his blueprint.
That’s a turnaround from final 12 months, when Adams’ inaugural price range targeted primarily on crime. That price range had a graph exhibiting how felony crime had soared within the earlier 12 months (2021).
Guess what? Felony crime nonetheless soared final 12 months, up 21% (truly the next fee of improve than the earlier 12 months). And although it’s good that murders are down, relative to 2020 and 2021, they have been nonetheless greater than a 3rd above 2019 ranges.
But that felony-crime chart is totally lacking from this 12 months’s price range presentation.
Sure, it’s good that issues have moved in the proper course over the previous two months — though that’s largely based mostly on unsustainable police time beyond regulation.
Are we declaring victory, and shifting on, by omission? New York isn’t fairly prepared for that.
Nicole Gelinas is a contributing editor to the Manhattan Institute’s Metropolis Journal.