Zohran Mamdani: “Mayor Adams under budgeted City services, at times under…”

“The $12 billion fiscal gap is one that is driven in large part by the two major factors I was speaking about. The Other day, one is the continued under budgeting by Mayor Adams under budgeted City services, at times under budgeting 50% of the actual cost. And the other being the increasingly growing chasm between what the city contributes to the state and what it receives in return.” (24:23–24:29)

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.