Budget
Budget
Heastie: ‘We’re not going to leave the city on a ledge’
While Mayor Zohran Mamdani’s worried about New York City’s finances, the Assembly speaker’s feeling pretty chill.
Interviews & Profiles
Mark Levine says the NYC budget gap really is that bad
It’s also politically convenient for a mayor looking to tax the rich.
Budget
Mamdani promises no budget games – but he has a budget narrative
Ahead of his preliminary budget release, Mayor Zohran Mamdani pointed his finger back at the last guy.
Heard Around Town
Mamdani begins his first budget tango – with ample criticism for his predecessor
And just like his predecessor, he faces hard choices.
Budget
Gov. Kathy Hochul’s FY 2027 executive budget proposal: by the numbers
It’s not an “austerity budget,” but it’s cautious.
Budget
Finances in MY executive budget? It’s more likely than you think
Gov. Kathy Hochul pitched a fiscally-focused spending plan that plays it safe with state money and is light on prickly policy proposals.
Policy
Will the next mayor finally allocate 1% of the NYC budget for parks?
Advocates with a new parks platform say it’s time.
Policy
NY missed out on nearly $500 million by not switching seniors to Medicare
A new report from state Comptroller Thomas DiNapoli found that New York kept thousands of Medicare-eligible seniors on Medicaid plans, costing the state $485 million.
New York State
Federal cuts leave New York with $750 million budget gap
State Budget Director Blake Washington said the state can’t tax its way out of this problem.
Opinion
Opinion: To build a city that works for working people, Zohran’s ideas aren’t radical but required
Imagine if we had a mayor who truly shared the City Council’s vision for a more affordable New York City.
Policy
A unanimous vote on the $116 billion FY 2026 New York City budget
It’s been a pretty divisive year in city politics, but the mayor and the City Council are united in their enthusiasm for this year’s spending plan.
Budget
Opinion: GOP’s ‘One Big Beautiful Bill’ will savage NY’s health care system, budget and economy
The GOP bill would leave 1.5 million New Yorkers uninsured, cut hospital funding by $3 billion and blow a $13.5 billion hole in the state budget.
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Personality
Marina Marcou-O’Malley wins City & State 2025 budget poll
The co-executive director of the Alliance for Quality Education correctly predicted the budget would be finished on the night of May 8.
Kathy Hochul
How Kathy Hochul learned to ditch cooperation and embrace power
The governor wanted to change the culture of Albany. It changed her instead.
Budget
Fierce debate over standards for religious schools prompted last-minute budget delays
The state Senate and Assembly were split over whether to relax educational standards for yeshivas and other private schools.
Budget
The state budget passed at last: What’s in it for NYC?
Mayor Eric Adams’ priorities were funded for the most part.
Budget
The most important things included in the state budget
The $254 billion state budget includes changes to the discovery law and involuntary commitment standards as well as new affordability measures and a criminal charge related to wearing masks.
2025 New York City Mayoral Election
NYC mayoral candidates voted for the state budget this year
Assembly Member Zohran Mamdani and state Sens. Jessica Ramos and Zellnor Myrie have each voted against state budget bills before, but not in this mayoral election year.
News & Politics
It’s (finally) budget time
Lawmakers finished passing the state budget on Thursday night, over a month after it was due.
Budget
New York finally settles Foundation Aid debate (for now)
The final budget includes tweaks to Foundation Aid, the byzantine formula that the state uses to allocate education funding to school districts.
