New York City’s Recovery Budget for FY 2022 Reaches Agreement

On June 30, 2021 a press release by Mayor de Blasio’s office announced that the Mayor, City Council Speaker, Council Finance Chair, and members of the City Council reached an agreement on the $98.7 billion Recovery Budget for Fiscal Year 2022 (FY 22). According to the press release, the foundation of the adopted 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.”