Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=YuXTQIOuAhP Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Mayor Mamdani, NYCCouncil spar over $5.4B budget gap [FMDFcI5vpgi] Health Updated on August 08, 2026 EDT — Published on August 08, 2026 EDT The New York City Council says it found $6 billion to close the city budget gap without increasing city property taxes. Mayor Zohran Mamdani has threatened to hike property taxes to close a $5.4 billion budget gap. A property tax increase would have to go through the City Council, and Speaker Julie Menin has said it’s a “non-starter.” 5FxzoBz1kh2 4c7qd1wmXqP qbbg9E4EIFj oWtI2H5xZnr
The New York City Council says it found $6 billion to close the city budget gap without increasing city property taxes. Mayor Zohran Mamdani has threatened to hike property taxes to close a $5.4 billion budget gap. A property tax increase would have to go through the City Council, and Speaker Julie Menin has said it’s a “non-starter.” 5FxzoBz1kh2 4c7qd1wmXqP qbbg9E4EIFj oWtI2H5xZnr