Statement from Comptroller Brad Lander on the FY26 NYC Executive Budget

May 1, 2025

New York, NY — New York City Comptroller Brad Lander released the following statement:

“Eric Adams’ Executive Budget is from a fantasyland where Trump’s tariffs aren’t increasing the likelihood of an economic downturn and federal budget cuts aren’t looming. By refusing to put more money into reserves and prepare for the reality we are facing, Adams is once again failing to protect New Yorkers. Meanwhile, his carelessness has resulted in a $1.4 billion deficit of expenses over revenue in the current fiscal year. Maybe that’s his idea of the ‘best budget ever’ or ‘making New York City great again,’ but it is increasingly detached from reality.”

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$285 billion
Feb
2025