Budget
Heard Around Town
Shhh, listen. Did Mamdani say perCENT? Or percentage POINT?
The difference is important for understanding his tax plan – and for selling it.
New York State
SUNY, CUNY seek more state aid beyond proposed increases
The city and state’s public universities want a combined $3B this year for capital projects.
Policy
Mamdani to Hochul: Raise taxes or else…
… New York City will raise its own property taxes while also raiding budget reserves.
Budget
More money, still problems for Mamdani’s first budget
The New York City mayor announced new state aid ahead of releasing his preliminary budget, but he’s facing a delicate dance with partners in government.
Policy
Back in Albany, Mamdani says ‘tax the rich’
The mayor came to Caucus Weekend, but he’s expected to skip a Tax the Rich rally later this month out of deference to the governor.
Budget
Ta-da! NYC budget gap is now down to $7 billion, Mamdani says
Two weeks and some budget magic goes a long way, the mayor revealed to state lawmakers Wednesday in Albany.
NYN Media
Opinion: The real crisis in youth justice is underfunding
“Raise the Age is a proven, effective approach, and it must not be undermined,” a former children’s services commissioner writes.
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.
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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.
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.
