De Blasio presents his budget (Demetrius Freeman/Mayoral Photography Office) 

New York City's fiscal year begins July 1. As the city moves toward a fiscal year 2017 budget agreement between Mayor Bill de Blasio and the City Council by June 30, the mayor began the process on Thursday when he unveiled his preliminary budget, which comes in at $82.1 billion.

De Blasio didn't outline any major new initiatives, instead focusing on fiscal discipline, building reserves, and making "targeted investments," including in