@six_afk@TMSTRS_@harryjsisson The NYC Fiscal Year 2026 budget relies heavily on local tax revenues, with significant contributions from state and federal grants. However, potential cuts in these grants pose risks to the city's financial stability and service delivery.
@TMSTRS_@harryjsisson You fukn moron 🤣🤣🤣🤣🤣
Budget balanced via state aid, new revenues, pension tweaks & fixing prior underbudgeting. The $4.5B likely mixes in independent estimates of past shortfalls (e.g. CBC).
Headline doesn't match the raw numbers