NYC politics
fromUnHerd
1 hour agoZohran Mamdani is pushing New York towards fiscal disaster
New York City's finances are severely strained, with spending outpacing revenue growth, leading to potential credit downgrades.
"I think this is a worthwhile investment in the future so that we are protecting the workforce and people can live with the dignity they deserve" when they retire, said state Sen. Jessica Ramos, a Queens Democrat.
Sheryl Davis is accused of steering millions of dollars to Collective Impact, a San Francisco-based nonprofit she previously ran as executive director, according to a criminal complaint filed Monday by the San Francisco District Attorney's Office.
"Over 50 per cent of this year's growth was driven by municipalities, which includes local police and fire services whose work continues to protect Ontario communities."
Mamdani stated that the City Council's budget strategy effectively ensures this structural deficit will continue indefinitely, impacting vital city services and failing to solve deep financial problems.
"She wants to regain stable health so she can thoughtfully and responsibly consider her options," her office told ABC7 Eyewitness News in a statement announcing her leave of absence and addressing the condition of her mental health.
John Kaehny has written and successfully lobbied for the passage of state and New York City laws related to government transparency and accountability, including the first open data law in the world in 2012.
Federal prosecutors are investigating Brooklyn Council member Farah Louis, her sister Debbie Louis, and Edu Hermelyn for possible bribery related to BHRAGS Home Care Inc., which has received over $200 million in city contracts for migrant shelter services.
Campaigner Aysha Hawcutt stated that residents were 'not anti-homes', but believed the Adlington plan was 'the wrong proposal in the wrong place'. She expressed pride in the community's resilience against the development threats.
The previous council voted the raises into law without a single public hearing and without reviewing the salaries of any similar elected positions. This process or lack thereof, eroded the public trust and inspired several of us here to run for office.
The total proposed 2026 operating budget amounts to $18.9 billion, with 31 per cent being covered by property taxes and 24 per cent made up of federal and provincial funding. The rest is made up of smaller measures, including rate programs (12 per cent), transit fares (six per cent), and reserves (nine per cent). Chow submitted her budget proposal on Feb. 1, based on a city staff proposal put forward on Jan. 8.
CITY HALL - MAYOR ZOHRAN MAMDANI said New York City faces a projected $12 billion budget shortfall across fiscal years 2026 and 2027, according to a press release. He blames the "staggering" fiscal mismanagement by former Mayor Eric Adams for underbudgeting core services like cash assistance, shelter operations and special education. Mamdani also points to what he called intentional understatement of future gaps - citing, for example, $860 million budgeted for FY26 cash assistance versus projections nearing $1.7 billion -
Mayoral salaries range widely across the nation, with some in smaller towns earning as little as a couple of thousand dollars a year, to the six-figure salaries that many major city leaders earn. Since mayors' salaries are set at the local level by city councils and local legislatures, there are no centralized reports on what mayors earn across all cities and towns. And a larger city doesn't always mean a bigger payday for its mayor. Some high-earning enclaves with as few as 1,000 residents pay their mayors higher salaries than those in some of the nation's largest cities.