{"id":130237,"date":"2026-02-11T17:46:25","date_gmt":"2026-02-11T17:46:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/130237\/"},"modified":"2026-02-11T17:46:25","modified_gmt":"2026-02-11T17:46:25","slug":"news-12-the-bronx-236","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/130237\/","title":{"rendered":"News 12 | The Bronx"},"content":{"rendered":"

Mayor Zohran Mamdani is in Albany today, participating in his first ‘Tin Cup Day’ to make the case for New York City’s budget. <\/p>\n

It is an annual event where local government officials present their requests to state legislatures for their respective budgets. <\/p>\n

The mayor addressed the city’s budget gap, originally estimated to be just over $12 billion over two years. In his opening testimony, the mayor says the gap is less than anticipated at $7 billion. <\/p>\n

“I\u2019m glad to report that by assuming an aggressive posture on savings without compromising city services, incorporating updated revenue and bonus estimates, and using in-year reserves, we have lowered that $12 billion gap to $7 billion,” the mayor said. <\/p>\n

Mamdani maintained a similar stance, much of which he addressed in a recent press conference that he dubbed the “Adams’ Budget Crisis”<\/a>, blaming his predecessor for gross mismanagement and underestimating known government expenses. <\/p>\n

“He budgeted $860 million for cash assistance, when the need was $1.6 billion. $1.1 billion for rental assistance, when the need was $1.8 billion. $1.5 billion for shelters, when the need was $2 billion,” the mayor said. <\/p>\n

The Mayor was joined by his First Deputy Mayor Dean Fuleihan, Chief Budget Officer Sherif Soliman, and Intergovernmental Affairs Chief, Jahmila Edwards. <\/p>\n

His administration says they have identified $1 billion in savings by looking at contracts and programs that are not effective but did not explain how they will achieve this. <\/p>\n

The mayor says specific details will be laid out on February 17th when a balanced budget is due. <\/p>\n

The hearing is ongoing, stay with News 12 for updates. <\/p>\n","protected":false},"excerpt":{"rendered":"Mayor Zohran Mamdani is in Albany today, participating in his first ‘Tin Cup Day’ to make the case…\n","protected":false},"author":2,"featured_media":130238,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[128,7739,1445,22925,9,24,63,129,131,130],"class_list":{"0":"post-130237","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-the-bronx","8":"tag-bronx","9":"tag-budget","10":"tag-mamdani","11":"tag-mayor-zohran-mamdani","12":"tag-new-york","13":"tag-new-york-city","14":"tag-nyc","15":"tag-the-bronx","16":"tag-the-bronx-headlines","17":"tag-the-bronx-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/130237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=130237"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/130237\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/130238"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=130237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=130237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=130237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}