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In an emailed statement, Project 2025 told PolitiFact the fact that school budgets rely on federal money for only a small share of their funding means cutting the department "hardly defunds schools."
January 5 – New York City enacts a congestion charge for vehicles entering Lower and Midtown Manhattan below 60th Street, becoming the first city in the United States to do so. All proceeds go to the Metropolitan Transportation Authority , which plans to invest in long-term transportation initiatives citywide.
The Fiscal Responsibility Act of 2023, passed in June 2023, resolved that year's debt-ceiling crisis and set spending caps for FY2024 and FY2025. The act called for $895 billion in defense spending and $711 billion in non-defense discretionary spending for fiscal year 2025, representing a 1% increase over fiscal year 2024. [10]
The Budget Director also serves ex officio on various boards, including the New York City Municipal Water Authority, which issues bonds for the capital plan of the NYC Department of Environmental Protection, [9] the New York City Transitional Finance Authority, and TSASC, Inc., a local development corporation whose debt is secured by tobacco ...
New York state lawmakers are on the verge of passing a $237 billion budget that includes sweeping plans to build housing, shutter unlicensed cannabis storefronts and help manage the city's migrant ...
In January 2025, Leavitt disclosed in 17 amended campaign filings $326,370 in unpaid campaign debts she had failed to disclose for several years. [24] Roughly $200,000 of the debt was composed of illicit campaign donations made in excess of campaign finance limits she never paid back, in violation of campaign finance laws .
New York's budget outlook for 2024 has gotten less dire with new estimates cutting the expected deficit by more than half to $4.3 billion.
The New York City Department of Education, which manages the public school system in New York City, is the largest school district in the United States, with more students than the combined population of eight U.S. states. Over 1 million students are taught in more than 1,200 separate public and private schools throughout the state.