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Agreement reached on $93 billion New York City budget

Posted: 3:26 PM, Jun 14, 2019
Updated: 2019-06-14 15:26:40-04

NEW YORK — New York City’s mayor and City Council have reached a deal on a $93 billion city budget that will put 200 more social workers in schools, retrofit city-owned buildings for energy efficiency and bolster U.S. Census outreach efforts to ensure an accurate count.

Mayor Bill de Blasio and City Council Speaker Corey Johnson, both Democrats, shook hands on the budget deal for fiscal year 2020 on Friday. The tentative agreement comes more than two weeks ahead of the July 1 budget deadline.

The agreement will add $250 million to the city’s reserve funds and $33 million more for libraries.

De Blasio is seeking the Democratic nomination for president. NBC announced Friday that he will be among 10 candidates participating in the first Democratic debate on June 26.