Eric Adams commits $500 million to partially avert fiscal cliff for NYC schools

Eric Adams commits $500 million to partially avert fiscal cliff for NYC schools

Mayor Eric Adams is cobbling together more than $500 million in city and state funding to plug a hole in the Education Department’s budget left by the federal COVID relief funding that’s expiring this year, he announced on Friday.

The money will prop up a range of education programs that were set to be cut because of the disappearing federal dollars, including hundreds of social workers, an expansion of free preschool for 3-year-olds, and new staffers working in homeless shelters.

By far, this marks the city’s largest commitment to date to replace the dwindling pandemic aid. Adams previously found $80 million to continue funding Summer Rising, the city’s summer school and recreation program, for one year.

Adams indicated that the city was able to restore programs through a variety of funding sources, and he credited the city’s “strong fiscal management” and “booming” economy.

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