New York City’s First Deputy Mayor Sheena Wright, alongside Mayor’s Office of Management and Budget Director Jacques Jiha and José Bayona, Executive Director of Mayor’s Office of Ethnic and Community Media, hosted a briefing on the Executive Budget for fiscal year 2025 on Tuesday, April 30, 2024.
Director Jiha led the briefing, emphasizing the challenge of closing the budget gap without federal intervention. The three major factors facing the City were balancing the budget, filling the stimulus-funded programs, and addressing the needs of asylum seekers. Given the projected economy from the prior year, this year’s budget seemed particularly difficult, requiring finding funds to support long-term programs previously funded by short-term CoViD-19 stimulus funds, along with addressing the increase in immigrants relying on city services.
Mayor Adams directed city agencies to review spending, implement hiring freezes, and identify actions to reduce City-funded spending by 5 percent through a Program to Eliminate the Gap (PEG), starting as early as November 2023 instead of the normal January 2024 cycle. Despite these challenges, the budget was balanced at $111.6 billion, accomplished without tax increases, layoffs, or major service disruptions.
The city has even been able to manage $8.2 billion in reserve as a cushion for any unforeseen problems. Director Jiha made sure to mention that we are not out of the woods yet. With the economy and job market looking towards evening out next year, may cause concern among other economic problems but they are preparing and…
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The historic Roosevelt Hotel, nestled within walking distance of renowned tourist attractions like Times Square and the Empire State Building, as well as vibrant activities such as Broadway shows and upscale restaurants, once symbolized luxury and cultural significance in the…
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By Jonas BronckThe U.S. Secret Service is pleased to announce that James Byrne will join the agency as a public affairs officer assigned to the New York Field Office effective May 20, 2024.
Prior to joining the Secret Service, Byrne was a detective with the New York City Police Department, most recently leading the executive communications team for the police commissioner. He retired in April after nearly 23 years of service.
“We are excited to have James join the New York Field Office team,” said Special Agent in Charge Patrick J. Freaney, U.S. Secret Service’s New York Field Office. “His experience as a professional communicator will be an invaluable asset as we strive to keep the public informed about our office’s investigations and engagements.”
Byrne joined the NYPD in July of 2001. As part of the 9/11 class, he spent several weeks working in the vicinity of Ground Zero.
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Editorial
You should know that in one of his first public appearances, after having resigned as Governor for New York State, Andrew Cuomo will be visiting the South Bronx. His visit to the Bronx is to meet with Members of “The New York Hispanic Clergy Organization”, which I preside over.
As you know, last summer Governor Cuomo resigned, when he was accused and practically abandoned by all his friends, politicians, and community groups, whom he had helped in the past. These so-called friends, and groups that were all too happy to kiss his ring, joined the “cancel culture” environment, that plaques us all, without due process, they washed their hands with a dismissive attitude, sending the message “Crucify him, crucify him”.
Several courts and judges have dismissed the allegations of “sexual harassment” against Governor Cuomo. With this episode behind him, Governor Cuomo has begun to visit and make public appearances by visiting different faith-based organizations and community groups.
It is very important for you to know that Governor Cuomo’s first public visit was to “God’s Battalion of Prayer Temple” in East Flatbush, Brooklyn on Sunday March 06, 2022. His next planned visit is to the “New York Hispanic Clergy Organization” in the South Bronx.
You should also know that in a recent poll, Governor Cuomo, without being a candidate nor having announced his political aspirations, has polled with just four (4) points behind Governor Kathy Hochul.
As you know, Governor Hochul was a friend and she was handpicked by Cuomo to be his Lieutenant Governor. However, she was among one of the first to throw him under the bus, in the midst of the allegations, launched against him.
I imagine that those four (4) points will evaporate very soon and Governor Hochul will have to consider asking Governor Cuomo for his support, if she wishes to be officially elected by the people to the governorship.
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New York City’s First Deputy Mayor Sheena Wright, alongside Mayor’s Office of Management and Budget Director Jacques Jiha and José Bayona, Executive Director of Mayor’s Office of Ethnic and Community Media, hosted a briefing on the Executive Budget for fiscal year 2025 on Tuesday, April 30, 2024.
Director Jiha led the briefing, emphasizing the challenge of closing the budget gap without federal intervention. The three major factors facing the City were balancing the budget, filling the stimulus-funded programs, and addressing the needs of asylum seekers. Given the projected economy from the prior year, this year’s budget seemed particularly difficult, requiring finding funds to support long-term programs previously funded by short-term CoViD-19 stimulus funds, along with addressing the increase in immigrants relying on city services.
Mayor Adams directed city agencies to review spending, implement hiring freezes, and identify actions to reduce City-funded spending by 5 percent through a Program to Eliminate the Gap (PEG), starting as early as November 2023 instead of the normal January 2024 cycle. Despite these challenges, the budget was balanced at $111.6 billion, accomplished without tax increases, layoffs, or major service disruptions.
The city has even been able to manage $8.2 billion in reserve as a cushion for any unforeseen problems. Director Jiha made sure to mention that we are not out of the woods yet. With the economy and job market looking towards evening out next year, may cause concern among other economic problems but they are preparing and planning and are sure they will overcome any issues as they always do.
Through these efforts, Mayor Adams allocated $80 million from PEG savings towards initiatives such as supporting cultural institutions and funding two graduating NYPD classes, adding 2,400 officers to the…
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SPORT NEWS
The sports betting market has grown significantly in recent years. Read on to find out why more and more US citizens are betting on sports.
By Jonas Bronck / PublisherIn 2023, the sports betting industry increased in value by a staggering 44.5% from the previous year, with over $11 billion in revenue. This growth represents more generated revenue than every other source of income in the gaming industry, including iGaming, table games, and slots. Several factors have contributed to this sudden growth, including legalization, technology, and a cultural shift. Below, we will discuss why more US citizens are betting on sports and what the future looks like.
State-Level Legalization
Betting on sports was taboo, and it was illegal in most states in the United States. However, a shift in the legal landscape has enabled people to enjoy betting on all types of games, including sports. The Professional and Amateur Sports Protection Act, which occurred in 1992, meant that betting on sports was prohibited mainly in the United States. It was not until 2018 that the federal ban was removed, essentially making betting on in-person and online sports legal.
In 2020, 19 states made it legal to participate in online sports betting; by 2023, 33 states had joined in reversing the ban.
Some states, such as Tennessee and Kentucky, have partially lifted the ban. You can bet online in these states but cannot place sports bets in person, leading to a significant rise in digital betting in these states. It is likely that as time goes on, we will continue to see more states in the US lifting…