Leave your feedback Share Copy URL https://gographicsoutput.com/video/v2IhpDTrRW1.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Mayor Mamdani, NYCCouncil spar over $5.4B budget gap [PuYmcRR3jhI] 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.” vbM1x2zwKSQ gmZ7XTHzTUj hQCyFn9SrUy fFiTv6X4LT2
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.” vbM1x2zwKSQ gmZ7XTHzTUj hQCyFn9SrUy fFiTv6X4LT2