NYC Council's Budget Plan: No Tax Hikes, No Reserve Dips
New York City News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
New York Citys City Council unveils a budget plan to fill a $5.4 billion gap without tax hikes or reserve raids, focusing on uncollected fees and revenues. Mayor Mamdanis tax hike and reserve plan face opposition, with the Council estimating up to $3.5 billion from building permits, port cash, and unfilled jobs. The Council also pushes for competitive bids on school contracts and audits, as state budget talks continue.
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