Governor Hochul and Mayor Mamdani Announce $1.5 Billion to Help Address City Fiscal Challenges
February 16, 2026
February 16, 2026
ALBANY, New York, Feb. 16 -- Gov. Kathy Hochul, D-New York, issued the following news release:
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Governor Hochul and Mayor Mamdani Announce $1.5 Billion to Help Address City Fiscal Challenges
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Governor Kathy Hochul and Mayor Zohran Mamdani today announced New York State will allocate an additional $1.5 billion in operating expenses over two years to help address New York City's fiscal challenges.
This additional funding . . .
* * *
Governor Hochul and Mayor Mamdani Announce $1.5 Billion to Help Address City Fiscal Challenges
*
Governor Kathy Hochul and Mayor Zohran Mamdani today announced New York State will allocate an additional $1.5 billion in operating expenses over two years to help address New York City's fiscal challenges.
This additional funding . . .