Posted on: March 30, 2026 06:12 PM

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Affordable time living well in NYC with three at odds

It's now showtime between the Mayor, NYC Council speaker and NY Governor in the coming budget outline.

The NYC consisting of five boroughs has the budget combined of 46 states nationwide. Still, the city need more money despite bond agencies downgrading NYC's credit rating.

A new info came out from the Mayor's office of PHEPS program now growing at 4% costing taxpayers a cool $3 billion. More likely due to let taxpayers foot the high rent at an average of $5,000 in Manhattan and $3,000 in Queens. This is increasing every month where rent supplement for families with children who receive cash assistance and have been evicted or are facing eviction due to non-payment of rent. As of today, the homeless crisis which cost taxpayers $81,000 and growing has no one housed but services are running well lubed with so much paychecks and perks.

Today, the NYC Comptroller says the budget could head to $20 billion deficit within the next few years with current spending that does not disclose where your money goes. As of March end, the budget is at $7.3 billion deficit. Financial experts say NYC can run comfortably at $27 billion dollars by eliminating unnecessary spending but would lose the election easily.

Know this - New York city budget: $112.4 billion

and the mayor’s 2026 proposal is $127 billion. The entire Florida state is $116.5 billion with over 20 million people.

Meanwhile, know this -

NYC at $118.5 billion total including deficit budget at 8.48 million people which is $14,000 per capita. Second largest city is Chicago at $16.6 billion with 2.72 million people at $6,100 per capita. The third largest city is Los Angeles at $14.1 billion with 3.88 million people at $3,630 per capita and the fourth largest city, Houston at $7 billion with 2.39 million people at $2,930 per capita.

You don't have the right to know where your money goes so keep working and pay taxes to let others live well and happy in the affordable city.

Enjoy