Mayor Zohran Mamdani Unveils Balanced $124.7B Budget, Avoids Property Tax Hike Despite Massive Deficit
The #1 source in the world for all things Harlem. By HWM Mayor Zohran Mamdani has rolled out his first major fiscal blueprint—and against the odds, it sidesteps a property tax increase while closing one of the city’s largest budget gaps in decades. Facing a deficit topping $12 billion left by former Mayor Eric Adams, Mamdani announced a balanced $124.7 billion budget for Fiscal Year… The post Mayor Zohran Mamdani Unveils Balanced $124.7B Budget, Avoids Property Tax Hike Despite Massive Deficit appeared first on Harlem World Magazine.
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The #1 source in the world for all things Harlem.
By HWM Mayor Zohran Mamdani has rolled out his first major fiscal blueprint—and against the odds, it sidesteps a property tax increase while closing one of the city’s largest budget gaps in decades. Facing a deficit topping $12 billion left by former Mayor Eric Adams, Mamdani announced a balanced $124.7 billion budget for Fiscal Year…
The post Mayor Zohran Mamdani Unveils Balanced $124.7B Budget, Avoids Property Tax Hike Despite Massive Deficit appeared first on Harlem World Magazine.
