The King and the Pauper of Queens

Remember when Zohran proclaimed he would "Trump-proof" New York City as Mayor, this is the reason why he never will.

Mayor Eric Adams may be on a visit to Israel, but Monday he left Mayor-elect Zohran Mamdani a headache. He increased the budget for city government spending in the current fiscal year by about $2 billion to $118 billion, bequeathing a projected $4.7 billion deficit to be closed before the 2027 budget is adopted next summer. And he offered no plans to deal with federal aid cuts that could reach billions of dollars. The November report provides an update on where the city stands financially with the current fiscal year and the three future years it is required to project. Mamdani will have to propose his own budget by Feb. 1, a month after taking office.

The mayor’s added spending included new commitments Adams has been touting in recent weeks including money to start adding 5,000 additional police officers — while Mamdani has said he wants to keep the police force at its current level of about 34,000 officers.

Adams’ move came in for criticism from outgoing Council Speaker Adrienne Adams (D-Queens) and finance chair Justin Brannan (D-Brooklyn), who called it irresponsible to saddle future budgets with money for new police officers without addressing the fact that the city is unable to keep staffing at current levels because it can’t retain officers. The mayor also increased money for rental assistance and expanded a caregiver program for elderly residents by 3,000 spots. The mayor also increased expected revenues in November for the first time in his four years in office, adding a little more than $400 million for 2026. And he says he is leaving the city in good financial shape. “Over the course of four on-time, annual budgets, our administration has delivered for working-class New Yorkers time and again, and this November financial plan update is another example of how our strong fiscal management is making New York City safer, more affordable, and improving New Yorkers’ quality of life,” he said in a statement. NYPD officers arrest an anti-ICE protester outside the Federal Building in Lower Manhattan.

Budget experts don’t agree. The Citizens Budget Commission responds that the administration is underestimating costs by as much as $4 billion, including at least $1 billion for city-funded housing vouchers and $600 million for homeless shelters. And police overtime is almost always higher than projected in the budget. “This plan simply reaffirms that Mayor-elect Mamdani’s first budget proposal will have to close a $5 billion to $8 billion budget gap, prepare for federal hits, and fund progress on his priorities,” CBC President Andrew Rein said.