New York City Council Speaker Julie Menin makes her debut on the morning show with Sid to discuss Mayor Mandani’s warning that property taxes could rise 9.5% if Albany, under Governor Hochul, does not raise income and corporate taxes. Menin says only the City Council has the authority to raise property taxes and states the Council has made clear any property tax increase is not up for discussion during an affordability crisis, nor are cuts to essential services. She argues the city can find savings elsewhere, highlighting escalating public sector and retiree healthcare costs (nearly $11 billion, up from $6 billion five years ago) and describing her healthcare accountability office as a way to save an estimated $2 billion annually by leveraging city purchasing power and renegotiating hospital pricing disparities. She also cites reducing reliance on no-bid contracts as another major savings opportunity, and notes upcoming budget hearings and negotiations leading to a June 30 budget deadline.
Learn more about your ad choices. Visit megaphone.fm/adchoices
