Tag: Budget

• Julie Menin Seeks $60M to Rebuild NYC Libraries With 100% Affordable Housing — Parkchester, Marcy and Sunnyside First

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  Jun 12

  City Council Speaker Julie Menin announced a plan on June 12, 2026 to redevelop aging standalone public library branches and build 100% affordable housing above them, asking the mayor’s administration… more ›

• Mamdani Opens 36 Renovated Affordable Co‑ops in Harlem — Homes $220K–$288K; City Eyes Conversion of ~44 More Under $22B Housing Plan

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  Jun 11

  SEO-OPTIMIZED INTRO Mayor Zohran Mamdani held a June 10, 2026 ribbon-cutting in Harlem for ANCP Morningside, unveiling 36 renovated affordable cooperative homes and reiterating the administration’s block-by-block housing plan to… more ›

• New York City Council Forecasts Nearly $2B in FY2026–27 Tax Upside; Leaders Push Rainy Day Fund, Hold Final Budget Split

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  Jun 11

  The New York City Council on June 10, 2026 released an updated June 2026 economic and tax revenue forecast that projects nearly $2 billion in additional tax revenue across fiscal… more ›

• At NYC Pride, Mayor Zohran Mamdani Announces $15M Two-Year Boost for Gender-Affirming Care, Names Taylor Brown to Lead New LGBTQIA+ Office

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  Jun 11

  Mayor Zohran Mamdani used his first New York City Pride event on June 9, 2026 to announce a $15 million, two‑year investment in gender‑affirming care and to highlight the city’s… more ›

• Controller Warns AI or Market Shock Could Cut NYC Tax Revenue $9B–$14B, Calls for Stronger Rainy‑Day Rules and Reserves

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  Jun 11

  The New York City Council Finance Committee heard testimony on June 9, 2026, about the FY2027 executive budget and a new analysis from the Controller’s office that warns AI‑related and… more ›

• City Pledges $256M Capital, $118M Expense ($374M) for NYCHA Vacant‑Unit Readiness — No FY28 Unit Count Given

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  Jun 11

  The City’s FY27 executive budget hearing in the New York City Council Finance Committee (June 9, 2026) included new funding for NYCHA (New York City Housing Authority) vacant‑unit readiness —… more ›

• Council Probes FEPS Voucher Costs vs. Congregate Shelter Spending, Pushes to Expand One‑Year Vouchers for Families

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  Jun 11

  The New York City Council Finance Committee held an FY2027 executive budget hearing on June 9, 2026 in Council Chambers at City Hall to probe City FEPS voucher costs versus… more ›

• NYC Council Demands Full DOE Contracts After Partial Response; City Flags About $1.25B in Non‑Competitive Deals

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  Jun 11

  At a June 9, 2026 New York City Council Finance Committee hearing on the FY2027 executive budget, Council members pressed the Office of Management (OM) and the Department of Education… more ›

• City Awards $186M in Shelter Contracts to Braggs Home Care Despite April Federal Indictments; DOI Oversees Independent Monitor

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  Jun 11

  New York City Council Finance Committee members pressed the administration on June 9, 2026, after leaders of Brooklyn nonprofit Braggs Home Care were federally indicted in April 2026, yet the… more ›

• Mayor Mamdani’s Pension ‘Reamortization’ Bucks: $1.64B in FY27 Savings but Up to $5B Added Costs — Trustees Must Vote

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  Jun 11

  New York City Council Finance Committee members held a hearing on June 9, 2026, in Council Chambers at City Hall to review Mayor Zohran Mamdani’s FY2027 executive budget and five‑year… more ›

• NYC Council Forecasts Nearly $2B More in Tax Revenue Than OMB, Setting Up Fight Over FY28 Budget Gap

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  Jun 11

  New York City Council Finance Committee members and the Mayor’s Office of Management and Budget (OMB) debated competing tax‑revenue forecasts at a June 9, 2026 FY2027 executive budget hearing, with… more ›

• NYC to Offer 2,000 Free ‘2K’ Child Care Seats for Two-Year-Olds — Apply by June 26 for Fall 2026

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  Jun 10

  Mayor Zohran Mamdani held an ethnic and community media roundtable on June 9, 2026 to answer questions about the city’s new 2K program, confirming that 2,000 free child care seats… more ›

• NYC Council Presses DCWP to Publish Multilingual Tourist-Scam Guides for 2026 World Cup After ‘Taken for a Ride’ Report

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  Jun 9

  New York City Council released an Oversight & Investigations report titled “Taken for a Ride” on June 8, 2026, documenting tourist scams by unlicensed taxis, pedicabs, and illicit ticket vendors… more ›

• City to add 10 ‘Be Heard’ teams but oversight, dispatch and which agency runs them remain unresolved

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  Jun 8

  New York City Council budget hearings on June 5, 2026 focused on how the newly created Office of Community Safety (OCS) will coordinate an expansion of the Be Heard mental‑health… more ›

• DOH says 13,300+ supportive‑housing units contracted — 486 offline and no per‑unit repair cost estimate

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  Jun 8

  NYC Council FY27 executive budget hearings on June 5, 2026 focused on hundreds of supportive‑housing units the city contracts but that sit empty or offline; Department of Health and Mental… more ›