‘Migrant squeezed’ budget due

New York City’s nearly $107 billion budget package is due at midnight Friday, as heated negotiations between City Hall and the City Council focus on Mayor Adams’ decision to make multiple rounds of cuts to city agencies to help fund the growing migrant crisis.

“We’re getting there. Still a few items on the table. Budget will be on time as the council promised,” Finance Committee Chairman Justin Brannan (D-Brooklyn) told The Post via text.

Fiscal hawks predict a deal will be finalized by the midnight Friday deadline, while lawmakers involved in negotiations complain that growing costs of the multibillion-dollar migrant crisis are putting the squeeze on funding for existing agency programs.

Sources familiar with negotiations told The Post Wednesday that Adams and the council have struck a deal to restore roughly $36 million in predicted cuts to the city’s public library system.

The individuals, who asked to remain anonymous, said a deal on the final spending package could be announced as early as Thursday.

“The fight is really to restore basic services and not fund new, exciting programming — because the migrant crisis is costing us way too much money,” council Minority Leader Joe Borelli (R-SI) told The Post.

The city Office of Management and Budget estimates it will cost more than $4.3 billion to house, feed and provide other services to more than 50,000 migrants living in 176 taxpayer-funded city homeless shelters and hotels.

$8 million daily

The Biden administration has greenlit less than $150 million in migrant-crisis grant funding for New York — as the city spends roughly $8 million daily on the crisis. Gov. Hochul allocated roughly $1 billion to the Big Apple over the next two years.

“With no plan to end the crisis after July 1st and with 50,000 people in shelters, there’s no sign of this ending in the next fiscal year or anything to prevent it from expanding,” Borelli said.