#nyc-budget-deficit

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fromNew York Post
16 hours ago

DC Mayor Bowser takes a swing at NYC Mayor Mamdani over tax hikes

Bowser (D), who isn't seeking a fourth term, stressed that the DC Council, not her, is in charge of property tax rate policy. "I just heard the mayor of New York City propose raising property taxes on everybody in New York City," Bowser said at a Wednesday budget forum with senior residents. "Sometimes these ideas trickle down here." She had been asked by a resident who decides whether to jack up property taxes, and about a projected $1 billion budget hole.
Washington DC
New York City
fromReason.com
21 hours ago

Mamdani to increase NYC property taxes by 9.5 percent to balance budget if income taxes are not raised

New York City's budget deficit may raise housing costs via tapping reserve funds and increasing property taxes, impacting working- and middle-class residents.
New York Islanders
fromwww.amny.com
1 week ago

MAMDANI'S FIRST 100 DAYS: Mayor tells Albany budget gap shrunk by $5 billion, pushes wealth tax to further close it | amNewYork

Mayor Mamdani said administration cut the projected deficit by $5 billion but warned the city still faces a $7 billion gap without new recurring revenue.
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