Much of the state assistance reverses longstanding Cuomo era cost shifts. And we've also just received information that New data in the state school aid formula will bring an additional $97 million to New York City on a recurring basis. All of that brings the fiscal deficit down to $5.4 billion. But I want to be clear. $5.4 billion is still a very steep mountain to climb. (09:24–09:32)
CLAIM
Asserts that new data will bring $97 million annually to NYC.
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