Zohran Mamdani: “Rainy Day fund a withdrawal of 980 million in fiscal year…”

“However, I will also show that in fiscal year 2028 we then return that funding back into both the Retiree Health Benefits Trust Reserve as well as the Rainy Day Fund because we are seeking to put our city on on firm financial footing. Rainy Day fund a withdrawal of 980 million in fiscal year 2026. Then we see the Capital Stabilization Fund, 250 million, 250 million in both fiscal years. Labor Reserve Savings 150 million here, 400 million in the next.” (19:27–19:33)

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