Zohran Mamdani: “This is an adjustment for OTPS inflation of 56 million in…”

“Labor Reserve Savings 150 million here, 400 million in the next. These are the savings I was Speaking about of 1.5% in this fiscal year, 2.5% in the next. Projected agency savings with the CSOs. This is an adjustment for OTPS inflation of 56 million in 2027 fiscal year. This is a re estimate of prior year expenses and receivables. All of that leaves us with expense changes of nearing 3 billion in fiscal year 2026, more than 4 billion in 2027.” (20:20–20:27)

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.