Mamdani admin only serves up $200M in savings — far short of $1.7B target amid massive budget shortfall

Metro News

Mamdani admin only serves up $200M in savings — far short of $1.7B target amid massive budget shortfall
US NewsBudgetBudget Cuts
  • 📰 nypost
  • ⏱ Reading Time:
  • 264 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 130%
  • Publisher: 67%

Mamdani Digs Cash From Couch to Push Budget Cuts, Waste Crackdown

Mayor Zohran Mamdani ’s administration served up a measly $200 million in proposed savings Wednesday – far short of his promised $1.7 billion – as his budget boss got a grilling over the massive shortfall.

While facing questions in the real world, Hizzoner still contended that officials had hit the $1.7 billion in cuts he pledged to help close a massive budget gap, but didn’t actually provide any proof.Mayor Zohran Mamdani announced by a slick social media video that his administration found $200 million it can cut from the city’s budget.He also said New Yorkers may have to wait till the end of April — when the mayor’s executive budget is due — to actually see all the savings that were proposed. The quest for savings comes as Mamdani’s math gurus project the city will have to close an upcoming $5.4 billion budget deficit. Loyola’s student newspaper issues apology over Sheridan Gorman story — for correctly calling alleged killer an ‘illegal immigrant’behemoth $127 billion proposed budget. In February, Mamdani even gave the governor a stunning ultimatum: raise taxes on the wealthy or New York City homeowners will face a But the socialist mayor has also made moves — or, according to critics, paid lip service — toward reining in spending.Those specially appointed officers were supposed to provide a “public report” of their findings by March 20, but the deadline slipped by without a peep. Instead, Mamdani’s administration officials on Wednesday released a list of minor cuts totaling $200 million, which the mayor summarized in his social media media.TLC cancelling its $20,000 Slack messaging subscription next fiscal year DOE will save $30.3 million in 2027 by implementing spending caps and canceling “underutilized” contracts, but offer up no specifics DOE will also save $27.5 million by creating “controls” to curb spending with “supplies, equipment, professional development and travel”Health and Hospitals will cut overtime and ramp up collections to save $14.1 million this year and $25.7 million next yearDepartment of Health and Mental Hygiene will save $1.15 million next year by renegotiating naloxone contractCity Hall officials refused to release the reports or any more information on the cuts, telling The Post to trust that they have hit their targets. Hizzoner’s budget director Sherif Soliman took the same approach during his delayed budget hearing with skeptical City Council members, declining to give any more information. Council Speaker Julie Menin and finance chair Linda Lee pressed Soliman for the full list of savings, only to be met with squishy half-promises.The budget chief did tease that he “may opt” to share more information about the cuts. “We are evaluating. As soon as we have additional updates that are ready to share we may opt to share them,” he said in response to a question from Lee. Soliman, like the mayor, said the cuts will be identified in the mayor’s executive budget set to be sent to the City Council by April 26. “They’ve put forward $1.7 billion in savings, and we are going through all of the different recommendations from the agencies and the departments to approve the number of those recommendations,” Mamdani told reporters during a news conference. “We’ve shared some of those approvals, but… at the time when we release this budget, it will all be public.” Councilman Phil Wong argued Mamdani needed to find much more than $1.7 billion in cuts — and noted city officials only provided information on roughly 15% of that. “Some of the items highlighted, including cuts as small as a $20,000 software subscription, raise real questions about the scale of this effort,” he said in a statement. “Even if the full $1.7 billion is realized, it still falls well short of the multi billion dollar gaps projected in the years ahead. “New Yorkers deserve transparency. They deserve to know what savings are real, what is recurring, and what is simply being counted as savings.” Budget watchdogs gave Mamdani credit for working to find savings, but argued he needed to go further. “The list is a good start, but it’s just that, a start,” said Andrew Rein, the president of the Citizens Budget Commission. “The administration will have to go much further than the $1.7 billion target — and there’s plenty of opportunity. “This administration must be as ambitious about government efficiency as it is about affordability. That means real transformation on how we run government, and not spending money that doesn’t help New Yorkers. An efficient government is an affordable one.” Loyola’s student newspaper issues apology over Sheridan Gorman story — for correctly calling alleged killer an ‘illegal immigrant’‘Armed and dangerous' child killer found boozing it up with spring breakers in Florida hotspotTaylor Swift’s Eras Tour red lip liner is just $12 during Amazon’s Big Spring Sale Everything Page Six editors are buying during Amazon’s Big Spring Sale, from a ‘magic’ moisturizer to ‘absolute favorite’ PJs ‘Reacher’ star Alan Ritchson threatened to run over neighbor with motorcycle before attack: ‘I feared for my safety’Colombian Hercules C-130 engulfed in flames, at least 66 dead in horror crash Mayor Zohran Mamdani announced by a slick social media video that his administration found $200 million it can cut from the city's budget.Stream It Or Skip It: ‘Send Help’ on VOD, Sam Raimi’s Return-to-Form Comedy-Thriller, Which Puts Rachel McAdams Through the Wringer

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

nypost /  🏆 91. in US

US News Budget Budget Cuts Nyc Savings Zohran Mamdani

 

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mamdani chows on Taco Bell and Dunkin’s mukbang celebrating franchisee settlementMamdani chows on Taco Bell and Dunkin’s mukbang celebrating franchisee settlementMamdani took part in a mukbang livestream to celebrate a settlement from a Taco Bell and Dunkin' Donuts franchisee.
Read more »

Mamdani admin to 'responsibly' shrink NYC jail population as correction officer ranks dwindleMamdani admin to 'responsibly' shrink NYC jail population as correction officer ranks dwindleThe Mamdani administration is trying to “responsibly” shrink New York City’s jail population as decrepit Rikers Island fills up and the Department of Correction faces a dire staffing crunch, offici…
Read more »

NYC BUDGET: City Hall approves first round of savings after Mamdani told agencies to tighten beltsNYC BUDGET: City Hall approves first round of savings after Mamdani told agencies to tighten beltsStaring a huge NYC budget gap in the face, Mayor Zohran Mamdani's administration said Wednesday it had found a number of money-saving moves after ordering
Read more »

Mamdani appeals CityFHEPS lawsuit, breaking campaign promise to drop suit and expand rental assistance toMamdani appeals CityFHEPS lawsuit, breaking campaign promise to drop suit and expand rental assistance toIn its filing late Tuesday to bring the case before the New York Court of Appeals — the state’s highest court — Mamdani’s Law Department has picked up the
Read more »

Zohran Mamdani Drops Video Laying Out Big Cuts to New York City SpendingZohran Mamdani Drops Video Laying Out Big Cuts to New York City SpendingNew York City Mayor Zohran Mamdani outlined $27 million in municipal spending cuts while vowing to keep residents informed “every step of the way.“
Read more »

Zohran Mamdani fights $10B NYC housing voucher expansion in U-turn from campaign promiseZohran Mamdani fights $10B NYC housing voucher expansion in U-turn from campaign promiseToday's Video Headlines: 03/25/26
Read more »



Render Time: 2026-04-01 18:30:03