Good news for the city from state Comptroller Tom DiNapoli: Better-than-expected tax collections could leave it with a $3 billion surplus this year.
Bad news: Hosting the flood of illegal migrants still leaves Gotham’s longer-term budget gaps looking worse — and may even derail the ongoing recovery from COVID and the lockdowns.
The city’s already spent more than $1 billion on shelter, food and other services for 60,000 “asylum seekers,” with costs projected to soar to over $4 billion by next year.
This, when the expected gaps in coming fiscal years already total more than $11 billion.
Start saving now! advises Comptroller Obvious.
Too bad the spendaholics in the City Council won’t go along with starting to cut spending now, nor is President Joe Biden showing the least sign he’ll push for the migrant relief Mayor Eric Adams demands.
At this point, Adams’ best hope, and the city’s, is that the courts agree it’s finally time to end the unlimited “right to shelter.”
This story originally appeared on NYPost
