Today, Mayor Zohran Kwame Mamdani released the following statement in response to the City Council's preliminary budget response:
Speaker Julie Menin's preliminary budget proposal would result in slashing billions of dollars from agency budgets, which would force the City to cut services. Double counting previously identified savings, overestimating revenues, and exaggerating debt service savings does nothing to close a deficit.
This $6 billion proposal asks Albany for just one action - class size mandate relief. It refuses to address the deeper structural imbalance between the City and the State, or to increase taxes on the wealthiest New Yorkers and most profitable corporations. It effectively ensures this structural deficit will continue indefinitely.
Any proposal that claims we can close this gap without significant new revenue is unrealistic.
