Budget Includes Significant Changes to CityFHEPS and Special Education Funding to Generate Savings

The mayor's budget achieves $519 million in savings from reforming the CityFHEPS rental assistance program and cuts to special education tuition reimbursements, while adding new investments including $40 million for community safety and $26 million for hate crime prevention. Agency cuts totaling $1.5 billion were identified through mandatory savings targets of 4% over two years.

• keptPied-à-terre tax on $5M+ second homes
• brokenCorporate tax hike ($1.75B/year)
• brokenDouble DCWP budget to $135M
• brokenIncrease Human Rights Commission funding to $21M

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