---
id: 58f305e924
section: cityhall
first_reported: 2026-11-12 17:12 EST
updated: 2026-11-12 17:12 EST
status: reported
outlets: 1
---

# Mamdani’s budget has ballooned to nearly $130B — as mayor falls far short of targeted saving cuts

Mayor Zohran Mamdani announced Thursday that the New York City budget increased by more than $3 billion to $129.2 billion, according to the mandated mid-year update, a long-time requirement for city officials…

Section: [City Hall](/new-york/section/politics.md) · Entities: none

## Coverage

- [New York Post – Metro](https://nypost.com/2026/11/12/us-news/mamdanis-budget-has-ballooned-to-nearly-130m-with-only-3-in-savings/), 2026-11-12 17:12 EST: Mamdani’s budget has ballooned to nearly $130B — as mayor falls far short of targeted saving cuts

Headline and summary written by the Acta Diurna desk from the coverage above. Read the original reporting for full detail.