Mayor Zohran Mamdani’s pitch to potentially raise property taxes in his preliminary budget got the thumbs-down from numerous elected officials in New York City.
City Council Speaker Julie Menin and Finance Chair Linda Lee said the proposal begins a dialogue about protecting New Yorkers and the city’s fiscal future. Both will be leading the Council’s negotiations with Mamdani’s team in hammering out a final budget this June.
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MAMDANI’S FIRST BUDGET: Concerns mount over possible property tax increase
