Mayor Zohran Mamdani is turning the page on a plan that would have cut funding to New York City libraries.
Under the executive budget unveiled on Tuesday, Mamdani will add an additional $31.7 million in funding to the three library systems — Queens, Brooklyn and New York — as requested by the City Council. Library funding accounts for less than $500 million, or less than .5%, of the city’s overall $124.5 billion budget.
Mamdani also proposed $1.2 billion in housing and education cuts to plug a massive budget shortfall that has led credit agencies to dim their outlook of New York City’s fiscal future.
The revised $124.5 billion spending plan — down from his $127 billion preliminary budget — includes a number of controversial measures to balance the city’s budget as required by law.
