Mayor Adams’ $111 billion executive budget plan restores some critical cuts, but shuts out libraries

Eight months after ordering most city agencies to dramatically cut their spending, Mayor Eric Adams on Wednesday unveiled a $111.6 billion budget plan that restores some slashed funding — but still leaves areas such as the city’s public libraries on the chopping block.
Hizzoner’s Fiscal Year 2025 executive spending plan clocks in at roughly $2 billion more than his preliminary budget released in January and $4 billion greater than this year’s adopted budget.
The plan&rsqu