We are still reviewing the city's fiscal health ourselves, but our early analysis is in line with their findings and the story that those findings tell is clear. The Adams administration dramatically and intentionally understated the problem. The budget gaps are twice as high year after year. Notably, Mayor Adams underestimated known budget expenses so he could show fiscal year 2026 was balanced. These are not differences in Opinion between accountants. (02:49–02:58)
CLAIM
Asserts that the Adams administration understated budget gaps, which are twice as high annually.
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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