A historical recovery budget. This is how the elected leaders qualified the agreement between the mayor and the Municipal Council on the city budget.
The budget for this fiscal year (which begins in July) includes more than 98 billion dollars, much higher than the previous year that included cuts due to the pandemic.
“It is going to be a radical investment in working families, from investing in schools to keeping communities safe, this budget is going to drive the economy to grow in all neighborhoods,” said Mayor Bill de Blasio.
The budget contributes 8 billion for the vaccination campaign, however it will focus mainly on the economic recovery of the city, which includes the creation of 10,000 jobs for New Yorkers to clean the city and 30 million dollars to reactivate tourism.
Money was also earmarked to help reduce inequality in minority communities suffering from poverty.
“There is a lot for immigrants without documents, in the work with day laborers, education, also legal service of immigrants who are in deportation,” explained Councilor Carlos Menchaca.
It was also announced that the city will provide loans and financial aid to small businesses, with a focus on neighborhoods in minority communities.
This gives hope to Silvestre de la Cruz, who says his restaurant has not yet recovered from the effects of the pandemic.
“If it is to restore businesses, for small loans, be it business, be it of any kind, it would be good for the economy, because currently the situation is quite difficult,” said de La Cruz.
The budget also includes millionaire funds that would go to public schools, so that each school has a social worker to assist students and thus avoid the use of the police outside the schools.
And the rise in crime will also be fought with funds to create more transitional jobs for people in jail and a thousand jobs for neighboring Mott Haven, Brownsville and South Jamaica, neighborhoods with high rates of violence.
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