NYC has always been super highly taxed (Public Board)
I'm sure he's in for a fight with that one! His budget isn't approved yet. This is what AI says has to happen.
"As of May 14, 2026, Mayor Zohran Mamdani’s proposed fiscal year 2027 budget has not yet been approved by the New York City Council.
While the administration claims to have closed the $12 billion deficit inherited from the previous administration, the proposal remains contingent on several approvals and negotiations:
City Council Approval: The budget must be ratified by the City Council before the June 30 deadline to take effect.
State Authorization: The plan relies heavily on $4 billion in support from the state of New York, including authorization to delay pension payments and classroom size mandates, which require state approval.
Pension Fund Consent: The restructuring of unfunded pension liabilities requires approval from the boards of trustees for the city’s public employee pension systems.
Budget watchdogs have scrutinized the plan for relying on short-term measures, such as delaying payments and state aid, rather than long-term structural fixes. "
He has some hurdles because of the sacred pension fund money.
