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The City NY

Mamdani Budget Floats on Wall Street Cash as Momentum Grows for New Taxes

When the City Council and Mayor Zohran Mamdani agreed on a $127 billion budget last June, the story behind the story was obvious. The numbers for the fiscal year beginning last July 1 added up to a balanced budget, thanks to a flood of state aid and some fiscal gimmicks. And the plan projected a […] The post Mamdani Budget Floats on Wall Street Cash as Momentum Grows for New Taxes appeared first on The City Reporter.

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