Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $56,173
69%  
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Keyword: nycbudget

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  • Mamdani plan to drain $1B in reserves harms NYC budget, Comptroller Levine warns

    03/23/2026 3:09:26 PM PDT · by DFG · 35 replies
    NY Post ^ | 03/22/2026 | Carl Campanile
    Comptroller Mark Levine said Mayor Zohran Mamdani’s plan to draw down $1.2 billion in reserves to balance the budget could make things even worse for taxpayers when it’s time to cook up next year’s spending plan. “You do not want to be draining the reserves when the economy is otherwise good,” Levine said Sunday on CBS 2 New York’s “The Point with Marcia Kramer.” Raiding $1.2 billion next year and $2.6 billion over the next two years as the Mamdani administration plans would leave the city flatfooted if the economy goes south. “It’s going to leave us more vulnerable next...