Mayor de Blasio Announces Budget for Fiscal Year 2018

De Blasio said the budget is "aimed at addressing the economic realities of everyday New Yorkers"

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Mayor de Blasio and the City Council have announced an agreement on an $85.2 billion budget that adds money for programs including emergency food assistance and school gym classes.

The deal announced Friday will cover Fiscal Year 2018, which begins July 1. The mayor joined Council members at City Hall to shake hands on the agreement.

De Blasio said the budget is "aimed at addressing the economic realities of everyday New Yorkers."

It includes $105.5 million in capital funding to ensure that every public school has physical education facilities by 2021.

The budget significantly expands the number of schools offering free lunch for all students. The I-Team recently reported that kids from families over the current income cutoff were skipping meals so their parents wouldn't be charged. 

The budget includes $7.2 million for emergency food assistance. That's an increase of 15 percent from last year.

It also includes a property tax exemption for any veteran who served in a war.

Copyright AP - Associated Press
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