Mayor Eric Adams unveiled a nearly $112 billion executive budget proposal this week that restores planned cuts to city agencies, but notably not city libraries.

According to Adams, the reversal in cuts is backed by higher-than-anticipated tax revenue and a sharp reduction in spending on the asylum seeker crisis.

The spending proposal includes key investments in education, the city’s police department, housing and cultural institutions.

The final plan still needs to be hashed out with the City Council, but some lawmakers have said the mayor’s plan leaves out nearly $1 billion in available funds.

Nathan Gusdorf, the executive director of the Fiscal Policy Institute, joined NY1 political reporter Bobby Cuza on “Inside City Hall” Friday to discuss more.