CBC says Mamdani’s budget is ‘honest’ but short-sighted
By Emily Rahhal
Published on May 13, 2026.
The Citizens Budget Commission (CBC) has criticized Mayor Zohran Mamdani's $124.7 billion executive budget for fiscal year 2027, stating it is not a balanced budget and could lead to further delays in addressing the city's financial problems. The CBC criticizes Mamdan for not being transparent about the city’s costs and suggests that “one-shot” fixes and gimmicks’ such as extension of the class-size mandate and adjustments to pension payments could delay the city long-term problems.
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