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Zohran Mamdani: “New data in the state school aid formula will bring an…”

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

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WATCH LIVE: NYC Mayor Zohran Mamdani reveals preliminary budget proposals | NBC New York

Published | Video Starts at 09:24

Much of the state assistance reverses longstanding Cuomo era cost shifts. And we've also just received information that New data in the state school aid formula will bring an additional $97 million to New York City on a recurring basis. All of that brings the fiscal deficit down to $5.4 billion. But I want to be clear. $5.4 billion is still a very steep mountain to climb. (09:24–09:32)

CLAIM

Asserts that new data will bring $97 million annually to NYC.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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