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Zohran Mamdani: “Across six major areas alone, more than $7.5 billion in…”

Featuring: Zohran Mamdani, Democratic | Mayor of New York City

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Mayor Mamdani Presents FY27 Executive Budget

Published | Video Starts at 06:36

A major driver of that crisis was under budgeting for core city services, rental assistance, shelter costs, due process cases. Across six major areas alone, more than $7.5 billion in expected costs had simply not been accounted for. Beyond that under budgeting, the city faced $5.85 billion more in unfunded mandates and unmet obligations over fiscal years 2026 and 2027. We have tackled this crisis with a multifaceted approach. (06:36–06:45)

CLAIM

Asserts that over $7.5 billion in expected costs were unaccounted for in six major areas.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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