Leave your feedback Share Copy URL https://ar-c.org/video/7cbCxpyMeYL.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Mayor Mamdani, NYCCouncil spar over $5.4B budget gap [gRdq6Ko5ccO] Health Updated on August 08, 2026 EDT — Published on August 08, 2026 EDT The New York City Council says it found $6 billion to close the city budget gap without increasing city property taxes. Mayor Zohran Mamdani has threatened to hike property taxes to close a $5.4 billion budget gap. A property tax increase would have to go through the City Council, and Speaker Julie Menin has said it’s a “non-starter.” YfxPPJW11L5 7mLTvIocXVS DUhBaJQ0uiD srNZEBCxc0X
The New York City Council says it found $6 billion to close the city budget gap without increasing city property taxes. Mayor Zohran Mamdani has threatened to hike property taxes to close a $5.4 billion budget gap. A property tax increase would have to go through the City Council, and Speaker Julie Menin has said it’s a “non-starter.” YfxPPJW11L5 7mLTvIocXVS DUhBaJQ0uiD srNZEBCxc0X