The state budget is now more than a month late, and it’s not looking like Mayor Mamdani will get all the help he is seeking from Albany to close the city’s $6 billion budget gap. It’s time to stop waiting on Albany. The mayor should move forward with revenue-generating ideas that don’t rely on state action.
In this NY Daily News op-ed, Jonathan Bowles and Winston Fisher outline five such ideas, from a modest expansion of paid street parking, to impact fees for autonomous vehicles, to siting battery storage for clean energy on city property. These options, they argue, would not only help close this year’s budget gap; they would put the city in a much stronger position to weather the fiscal and economic challenges ahead.
This op-ed highlights ideas from CUF's recent report, 5 Revenue-Raising Ideas for NYC.