{"id":283091,"date":"2026-07-01T01:32:37","date_gmt":"2026-07-01T01:32:37","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/283091\/"},"modified":"2026-07-01T01:32:37","modified_gmt":"2026-07-01T01:32:37","slug":"news-12-bronx-nyc-council-approves-historic-1258-billion-budget-for-2027","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/283091\/","title":{"rendered":"News 12 | Bronx | Nyc Council Approves Historic 1258 Billion Budget For 2027"},"content":{"rendered":"<p data-rich-text-paragraph=\"true\">The New York City Council voted to approve the record-breaking $125.8 billion budget for the 2027 fiscal year.<\/p>\n<p data-rich-text-paragraph=\"true\">The budget includes investments in housing, education, affordability and public institutions, which the city says all aim to lower the cost of living and expand opportunities for New Yorkers.<\/p>\n<p data-rich-text-paragraph=\"true\">&#8220;With this budget, the Council proved that we could responsibly manage the City&#8217;s finances while making transformative investments that lower costs for working families, prevent homelessness, expand opportunity for children, and strengthen the services New Yorkers rely on every day,&#8221; said Council Speaker Julie Menin.<\/p>\n<p data-rich-text-paragraph=\"true\">The budget invests in the expansion of multiple programs, including the NYC Kids RISE college savings account program, Fair Fares and a new rental assistance program, while setting aside a $350 million rainy-day fund.<\/p>\n<p data-rich-text-paragraph=\"true\">&#8220;It makes historic investments in affordable housing by expanding rental assistance and creating a new $175 million housing voucher program for New Yorkers in need,&#8221; Mayor Zohran Mamdani said during the agreement announcement.<\/p>\n","protected":false},"excerpt":{"rendered":"The New York City Council voted to approve the record-breaking $125.8 billion budget for the 2027 fiscal year.&hellip;\n","protected":false},"author":2,"featured_media":283083,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[128,9,24,63,129,131,130],"class_list":["post-283091","post","type-post","status-publish","format-standard","has-post-thumbnail","category-the-bronx","tag-bronx","tag-new-york","tag-new-york-city","tag-nyc","tag-the-bronx","tag-the-bronx-headlines","tag-the-bronx-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/283091","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=283091"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/283091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/283083"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=283091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=283091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=283091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}