
What do you make of Mayor Mamdami balancing NYC budget in under a year (without raising pro?
https://www.cbsnews.com/newyork/news/nyc-budget-zohran-mamdani-property-taxes/
From the article:
- It was partially due to the Pierre tax on second homes for Uber wealthy.
- about 40% is from efficiencies to the NYC governmental office (this including layoffs and redendancy). Basically a doge style attempt. Side potentially a model for small governmental bodies.
- Roughly 40% was from a 4 billion fund from the NYC state.
- about 15% was through not filling job vacancy and closing them (trimming government fat).
Edit: fixing banner
Property taxes.