
Mamdani, NYC Council reach handshake deal on colossal $125B budget #shorts
Mayor Zohran Mamdani struck a last-minute handshake deal on Tuesday morning with City Council Speaker Julie Menin on the Big Apple’s colossal, nearly $126 billion budget for next year — but the agreement notably leaves out an expanded headcount for the NYPD.
The final deal comes right before a July 1 deadline to pass a budget for the 2027 fiscal year — and after a tense, protracted negotiation that nearly fell apart at the eleventh hour over Mamdani backtracking on a campaign promise to fund the expansion of a housing voucher program.
However, Mamdani and the council came to a last-minute agreement Monday night as part of the $125.8 billion spending deal to expand voucher access that will see the council voting to establish a new rental assistance program aimed at helping New Yorkers facing eviction or in the shelter system who aren’t eligible for the City Fighting Homelessness and Eviction Prevention Supplement program.
Read more at https://nypost.com/2026/06/30/us-news/mamdani-nyc-council-reach-handshake-deal-on-colossal-125b-budget-without-nypd-expansion/
#mamdani #nyccouncil #deal #budget
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The final deal comes right before a July 1 deadline to pass a budget for the 2027 fiscal year — and after a tense, protracted negotiation that nearly fell apart at the eleventh hour over Mamdani backtracking on a campaign promise to fund the expansion of a housing voucher program.
However, Mamdani and the council came to a last-minute agreement Monday night as part of the $125.8 billion spending deal to expand voucher access that will see the council voting to establish a new rental assistance program aimed at helping New Yorkers facing eviction or in the shelter system who aren’t eligible for the City Fighting Homelessness and Eviction Prevention Supplement program.
Read more at https://nypost.com/2026/06/30/us-news/mamdani-nyc-council-reach-handshake-deal-on-colossal-125b-budget-without-nypd-expansion/
#mamdani #nyccouncil #deal #budget
The New York Post is your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more.
Check out our three new podcasts:
NYNext (week): https://www.youtube.com/@nynext1
Pod Force One with MIranda Devine (weekly): https://www.youtube.com/@PodForce1
NY POSTcast (daily): https://www.youtube.com/@NYPOSTcast
Get The Post’s latest headlines everyday with our Morning Report newsletter:
https://tinyurl.com/NYPOSTSIGNUP
Catch the latest news at http://www.nypost.com.
Follow The New York Post on:
Twitter - https://twitter.com/nypost
Facebook - https://www.facebook.com/NYPost
New York Post
The New York Post is your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more....