Mamdani Tells Agencies to Slash 2.5% Ahead of $6 Billion Gap Next Year

Mayor Zohran Mamdani has ordered city agencies to identify 2.5% in savings to address a projected $6 billion budget gap for 2027, building on earlier cost-cutting measures. The administration aims to survey operations for inefficiencies, with $1.77 billion in savings already identified this year. Critics and analysts question the impact on services and exemptions, while supporters call the target ambitious but achievable.