Mamdani’s first NYC budget gets cheers for bookkeeping, jeers for big budget gaps, from state oversight board
Mayor Zohran Mamdani’s first appearance before the state Financial Control Board brought praise Wednesday for making New York City’s budget more transparent, but also repeated warnings that the city still faces a persistent gap between what it spends and what it earns.State Comptroller Thomas DiNapoli and City Comptroller Mark Levine credited the Mamdani administration with putting billions of dollars in previously underbudgeted expenses onto the books, while cautioning that the city
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