Staring 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 city agencies to tighten their belts – from canceling the Taxi and Limousine Commission’s Slack subscription, to renegotiating shelter Wi-Fi contracts and auditing city workers’ health-plan dependents.
City Hall announced Wednesday morning that agencies submitted proposals by the March 20 deadline identifying more than $1.7 billion in savings, but the administration disclosed only an initial list of items it has signed off on so far. On Tuesday, the city’s Independent Budget Office, in analyzing Mamdani’s preliminary budget, estimated that the city must close budget gaps of $535 million in the current fiscal year, and $5.9 billion in the next, by July 1.
