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Zohran Mamdani: “The gap to be closed in 26 is 0 and 27 is 0 as required by…”

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 21:38

All of those things added together with addition to the reserves as well, we find the total expenditures of $122.3 billion for this fiscal year, 127 billion for the next fiscal year. The gap to be closed in 26 is 0 and 27 is 0 as required by law. and then the gaps in the out years. Now take your questions and have the first deputy mayor and budget director available for them as well. We'll start with Katie. (21:38–21:44)

CLAIM

Asserts that the budget gaps for fiscal years 2026 and 2027 are zero, as legally required.

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