Council’s proposals for Fiscal Years 2026 and 2027 would avoid increasing property taxes, drawing down reserves, or reducing critical services for New Yorkers
Council also prioritizes expanding Fair Fares to provide free transit and seed up to $3,000 in college savings account to put every New York family on a clearer path to financial stability
NEW YORK, NY – Today, the New York City Council published its response to Mayor Zohran Mamdani’s Preliminary Budget proposal, offering an alternative budgeting path for Fiscal Years (FY) 2026 and 2027.
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