New York City’s $89 Billion Budget Includes Discount Transit Fare Plan

Mayor Bill de Blasio and Corey Johnson, the City Council speaker, shook hands Monday on a $89.2 billion city budget that included a major concession by the mayor to provide funding for discounted subway and bus fares for some of the poorest New Yorkers.

The new budget is about 19 percent larger than Mr. de Blasio’s first, a $75 billion spending plan approved by the City Council in June 2014. A significant contributor to that growth has been the steep increase in the number of city workers, making the city’s payroll and head count, with about 300,000 workers, the highest that it has ever been.

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