"‘Today, after three more months of painstaking work, I am proud to announce that we have closed the gap entirely down to zero. It has not been easy, but we have balanced the budget, and we have done so without placing the burden on the backs of working New Yorkers,’ Mamdani said.
That remaining $5.4 billion has been filled with $4 billion in aid from Albany and $1.77 billion in savings, mostly through efficiencies and not filling vacant positions. Mamdani said he wouldn’t tap into the city’s “rainy day fund” to balance the budget."
I’m not speaking from knowing any insider info. I’m purely speculating when I say this, yet I’m 100% certain I’m right.
I bet it was easy to do that after decades, if not centuries of corrupt officials in NYC politics hiding corrupt money EVERYWHERE!!!
He probably just came in, and said something like “Wait, why is our water plant being funded for 400k, but this random child day care is being funded for 12 million dollars???”
He probably just came in, cut the obvious corruption, and then suddenly the budget had the funds to do the things it was meant to do.
it’s slightly more complicated than this because actually (source: i dunno half remembered article a few months ago) the city was paying a bunch of consulting money for dumb mbas to say dumb mba catch phrases, and third party business owners to provide public services taking a cut of the money as profit for no purpose from a budget perspective, to which he said “why? no”
I feel like you just said the same thing I did, but with more specifics.
And less Nick Shirley hyperbole
I don’t know who that is. I’m not actually from NY. I just cheer on mamdani from Ohio.
Nick Shirley is a right wing agitator. His claim to fame was a viral video of him “exposing” child care centers in Minnesota committing millions of dollars worth of fraud. He was horribly wrong.
I remember this one.
https://www.vitalcitynyc.org/mamdani-nyc-vendors-contractors-staff/
Our stupid monkey brains want to believe simple stupid truths and not the complex and nuanced reality.
A more sincere theory is that the billionaires managed to convince state legislators to divert pension funds to NYC to avoid the tax hikes, and Mamdani has no control over the state budgets.