Mamdani gets $1.5B from taxpayers statewide to plug NYC budget gap

5 days ago 2

Mamdani gets .5B from taxpayers statewide to plug NYC budget gap

(The Center Square) — New York Gov. Kathy Hochul on Monday said the state is committing another $1.5 billion to New York City Mayor Zohran Mamdani to help his new administration plug budget gaps over the next two years.

Hochul said the new funding for the Big Apple “protects services and puts the city on stable financial footing” as Mamdani’s budget writers wrestle with a projected $7 billion revenue shortfall.

“A strong New York City means a stronger New York State,” Hochul said in a statement. “New Yorkers expect the state and the city to work together, and I’m proud to partner with the mayor to deliver for working families.”

The pledge of funding comes less than a week after Mamndani traveled to Albany for the state Legislature’s annual “Tin Cup Day” — when municipal leaders ask for more funding from the budget — to request more funding for New York City and allo...

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