Leave your feedback Share Copy URL https://ar-c.org/video/KX33IQD2fEm.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Mayor Mamdani unveils $124.7 billion NYC budget plan [WXn4gJAujb2] Health Updated on August 06, 2026 EDT — Published on August 06, 2026 EDT Mayor Mamdani released his $124.7 billion New York City budget proposal for 2027, outlining investments in libraries, parks, public transit, education, child care, public safety, sanitation and mental health services. The plan avoids a proposed property tax hike and relies in part on state support, including a tax on second homes worth more than $5 million. Critics warn some parts of the plan could create fiscal challenges down the line, while the administration says the budget puts the city on firmer financial footing. Xotc4YFqXkA kiUkrpvV7ON 4Dznfr1SVe3 m2OnrF49aYO TyjzLOVk6dD Od3XyYxaOw0 N0PWyQw9L7J
Mayor Mamdani released his $124.7 billion New York City budget proposal for 2027, outlining investments in libraries, parks, public transit, education, child care, public safety, sanitation and mental health services. The plan avoids a proposed property tax hike and relies in part on state support, including a tax on second homes worth more than $5 million. Critics warn some parts of the plan could create fiscal challenges down the line, while the administration says the budget puts the city on firmer financial footing. Xotc4YFqXkA kiUkrpvV7ON 4Dznfr1SVe3 m2OnrF49aYO TyjzLOVk6dD Od3XyYxaOw0 N0PWyQw9L7J