The financial hits from the migrant crisis keep on coming.
New York City has likely surpassed $5 billion in spending on services for migrants — including nearly $2 billion alone on housing the scores of new arrivals flooding into the Big Apple, according to city data.
The eye-popping figures, listed on the city’s online asylum-seeker funding tracker, shows the city overall spent $4.88 billion combined through fiscal years 2023 and ‘24. Based on the rate of spending, the city likely exceeded more than $112 million since the start of the new fiscal year beginning July 1, or will soon, cracking $5 billion.
Mayor Eric Adams’ administration has even projected the cost could double, hitting $10 billion over the three year period ending June 30, 2025.
The NYPD alone has spent $21 million on public safety and security costs amid mayhem breaking out in and around the city-funded migrant shelters. The cost of the crisis equals nearly the entire NYPD budget of $5.75 billion.
Read more at NYpost.com
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