Editorial | Solving NYC's budget deficit with common sense | amNewYork
A $12 billion budget gap was reduced through agency savings, while remaining needs were addressed largely through state aid and mandate changes rather than broad new taxes.
Editorial | Mamdani must manage the budget within NYC's means | amNewYork
Mayor Mamdani seeks to close the city's multi-billion-dollar budget gap by taxing the wealthy or cutting services, while promoting a third option of fiscal efficiencies and state aid.
Editorial | Solving NYC's budget deficit with common sense | amNewYork
A $12 billion budget gap was reduced through agency savings, while remaining needs were addressed largely through state aid and mandate changes rather than broad new taxes.
Mamdani plans to hike NYC property tax to fill $5 billion hole
He's put a pretty extreme option on the table, which is a combination of raising property taxes and taking money from reserves and relying on some pretty aggressive revenue projections to boot,
Tax the rich? Mamdani to release preliminary budget plan for NYC
Mayor Mamdani proposes taxing ultra-wealthy and most profitable corporations to close a roughly $7 billion New York City budget gap, with $1.5 billion state aid.
