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Governor Hochul and Mayor Mamdani Announce Additional Aid and State Actions to Stabilize NYC Budget
May 12, 2026
NEW YORK, May 12 -- New York City Mayor Zohran Mamdani issued the following news:

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Governor Hochul and Mayor Mamdani Announce Additional Aid and State Actions to Stabilize New York City's Budget

* With new State funding and assistance, Mamdani Administration will officially close New York City's budget gap

* Delivers an additional $4 billion in new support for New York City, growing on previously announced funding

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