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municipal budget
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Daily Alchemy: a question to think on together
“When your city is short on money, would you rather leaders make the hard cuts quietly and quickly, or involve residents even if it takes longer and gets messy?”
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Mamdani Stretches Out Pension Payments to Fill City Budget Gap
Public pensions work by setting aside money during a worker’s career so it can grow through investments and cover promised benefits later. New York City has five main pension funds with assets around 300 billion dollars....