Bowing to political pressure and a bleak fiscal reality that evoked municipal crises of decades past, New York City officials on Monday agreed to an austerity budget that includes drastic cuts to city services and a $1 billion shift of resources out of the New York Police Department.

New York, like the rest of the country, was forced to lock down its economy to limit the effects of the coronavirus pandemic, which has taken 22,000 lives in the city. The shutdown helped control the spread of the virus, but it also created a $9 billion revenue shortfall that will have a sharp impact on New Yorkers’ lives.

Mayor Bill de Blasio had already shrunk estimated spending by $7.4 billion earlier this year, but needed to find another $1 billion in savings before the city’s July 1 budget deadline for the coming fiscal year. The gloomy $87 billion budget is nearly $6 billion less than the one the city approved last year.

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