Mayor Michael Bloomberg and City Council Speaker Christine Quinn agreed on a $70 billion New York City budget for fiscal 2014 that includes $250 million for storm resiliency and an additional $58 million to the Housing Authority, which will offset some federal sequester cuts the agency sustained.

The 51-member council is expected to vote this week on the final budget in Bloomberg’s 12-year tenure. He will not seek re-election. Deadline for enacting a balanced budget is Sunday.

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