His main point is that defunding the police without an alternative that has been proven to reduce crime does the opposite. It increases crime over time. What he outlines is true. I hear a lot about cutting the police but little to nothing about what will replace it as a proven way to reduce crime.
Also, all budgets need to increase just to keep up with inflation. So just because a budget is increased or it stays the same does not imply that it has not been cut. An increase of $39 mil. can only be properly evaluated if we know the size of the original budget and inflation.