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Mamdani’s budget has ballooned to nearly $130B — as mayor falls far short of targeted saving cuts

Mamdani
New York Post Fews App News Provider
Fews App Post Time Hace 8h

The Big Apple’s budget has ballooned to almost $130 billion this year — as the Mamdani administration continues to fall short of its savings goals, officials said Thursday. Mayor Zohran Mamdani announced that the city budget increased by more than $3 billion to $129. 2 billion, according to City Hall’s mid-year financial update, a long-time requirement for officials to balance the budget throughout the year.

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