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New York City
fromFOX 5 New York
1 day ago

Menin pushes back on Mamdani's plan to tap rainy day fund | WATCH

NYC Mayor Mamdani and City Council Speaker Menin clash over using the $2 billion rainy day fund to close a $5.4 billion budget deficit, with the council firmly opposing the withdrawal.
fromwww.amny.com
4 weeks ago

MAMDANI'S FIRST BUDGET: Concerns mount over possible property tax increase | amNewYork

City Council Speaker Julie Menin and Finance Chair Linda Lee said the proposal begins a dialogue about protecting New Yorkers and the city's fiscal future. Both will be leading the Council's negotiations with Mamdani's team in hammering out a final budget this June. At a time when New Yorkers are already grappling with an affordability crisis, dipping into Rainy Day reserves and proposing significant property tax increases should not be on the table, they said.
New York Islanders
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