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Council hears of $127 billion preliminary budget and $5.4 billion gap; new online dashboard launched
New York City Council · March 27, 2026
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Summary
Speaker Julie Menon said the administration presented a $127 billion FY2027 preliminary budget with an identified $5.4 billion gap; the council announced an interactive online budget dashboard and said it will publish its response April 1.
The New York City Council used its March 26 stated meeting to recap recent budget work and to unveil a new public tool for budget transparency.
Speaker Julie Menon told colleagues the Office of Management and Budget testified on the administration’s $127,000,000,000 preliminary fiscal 2027 budget and referenced a $5,400,000,000 budget gap…
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