New York City Mayor Eric Adams is warning residents that the influx of migrants in the Big Apple comes with a high price tag: $12 billion dollars over the next three years.
“We are past our breaking point,” Mayor Adams declared in a dire address at City Hall Wednesday.
“With more than 57,300 individuals currently in our care on an average night, it amounts to $9.8 million a day. Almost $300 million a month and nearly $3.6 billion a year,” the mayor said.
“This is the floor, not the ceiling,” he warned.
From The New York Post:
New figures released by the Office of Budget and Management show costs could balloon to $4.7 billion by June 2024, a leap from the current $2.9 billion estimate over the same time period.
“That’s up from the $1.4 billion we spent last fiscal year, and it nearly equals the budgets of Sanitation Department, our Parks Department and the FDNY combined,” Adams added.
“If things do not change, we expect to have more than 100,000 asylum-seekers in our care by the end of June 2025, driving projected spending to $6.1 billion in that fiscal year if we do not change course.”
He said the new projections would spike city costs to $12 billion by the end of June 2025, a massive rise from the $4.3 billion previously anticipated through the end of 2024.
More over at The New York Post:
NYC migrant crisis could soon cost $12B: Mayor Adams https://t.co/tHcIGtj3SC pic.twitter.com/9lMmx8u1No
— New York Post (@nypost) August 9, 2023
Thank you for visiting