Zohran Mamdani: “The city must fulfill more than $6.6 billion in additional…”

“More than $7.5 billion were left unaccounted for. The consequence was an enormous deficit within our budget. Beyond those six areas, there are additional major unfunded needs. The city must fulfill more than $6.6 billion in additional unfunded needs and state mandates. The Most sizable of which are detailed on the screen. While we had no say over the budget crisis we inherited, we have taken a number of steps to address expenses and are monitoring our revenues daily to to tackle the gap.” (06:00–06:07)

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.