#new-york-city-budget

#new-york-city-budget

Former New York City Police Department (NYPD) Chief John Chell blasted New York City Mayor Zohran Mamdani for walking back the planned hiring of 5,000 more police officers amid a city budget shortfall of billions of dollars, calling it a "recipe for disaster." Mamdani's predecessor, Mayor Eric Adams, proposed at the end of his term that the city hire 5,000 more NYPD officers. Upon entering office, Mamdani moved to cancel all orders signed by Adams after his Sept. 26, 2024, indictment,

The surge in new funding includes more than half a billion dollars in recurring funding targeted at costs that city officials say shifted from the state to New York City in recent years, including $300 million for youth programming, $150 million in restored sales tax revenue and $60 million for public health. The remaining $500 million will go toward "shared priorities" to be determined by the city and state.

New York City and Mayor Zohran Mamdani find themselves in deep economic water. The city is staring at a $12 billion budget hole that must be filled by June 30, a massive economic challenge for any mayor, let alone one on the job for just 22 days like Mamdani. Without question, a deficit of this size will hinder Mamdani's ability to realize much of the affordability agenda that propelled him to the highest office in New York City last year.