Mamdani, Hochul Close Municipal Budget Gaps ‘Completely’ With Albany Funding

Mayor Zohran Mamdani released the city’s fiscal year 2027 budget on Tuesday, which got a major boost from the state to close its impending deficits. Up to $8 billion will be provided by Gov. Kathy Hochul and state lawmakers over the next two years to support New York City’s operations, which were left with $2.2 […]