Details: De Blasio, Council near budget deal slicing $1 billion from NYPD

Mayor de Blasio and Council Speaker Corey Johnson are finalizing an $87 billion budget deal that would avoid municipal layoffs while slicing $1 billion from the Police Department’s budget through transfers and spending cuts, The Post has learned.

The agreement — which the City Council was being briefed on late Monday night — largely restores cuts Hizzoner made to summer youth employment programs, counselors for high needs schools and tuition aid for low-income City University students.

But, it also keeps the bulk of the other spending cuts proposed by de Blasio in April intact as officials attempt to navigate the Big Apple’s estimated $9 billion deficit, which was caused by the outbreak of the coronavirus pandemic and subsequent economic shutdown.

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