For the fifth year in a row, the New York City Council has spared the arts from massive spending cuts. In the finalized budget for the new Fiscal Year that passed last week, New York City has committed to spending $156 million on supporting the arts through its thirty-four cultural institutions and hundreds of smaller not-for-profit artists groups throughout its new fiscal year, which began on Sunday. This is a $4 million increase from last year’s budget and, it should go without saying, a very good thing.
