Government ❯ Politics ❯ Local Government ❯ City Administration

Budget Management

Hochul Rejects NYC PTET Cut as Mamdani Seeks $1 Billion to Plug Budget Gap

The governor’s refusal leaves a large hole as the city races toward a June 30 balanced‑budget requirement.

NYC Budget Standoff: Mamdani Seeks Albany Tax Hikes or 9.5% Property Tax Increase

Mamdani Presses Tax Hikes to Close NYC’s $12B Gap, Warns of Cuts if Albany Won’t Help

Mamdani Appointee Quits After Old Antisemitic Posts Surface

City Council Majority Urges Johnson to Drop Head Tax From 2026 Budget

Johnson Proposes Corporate Head Tax and Digital Ad Levy to Bridge Chicago’s Budget Gap

Johnston Celebrates Homelessness Milestone and Flags $250M Budget Gap