From Fox News: Even as City Hall describes parts of its spending plan as “actions of last resort,” Mayor Zohran Mamdani is steering millions into an expanding “racial equity” bureaucracy and six-figure diversity positions.
To finance the $127 billion agenda, the plan carries steep trade-offs — higher taxes on wealthy residents and corporations, a potential 9.5% property tax increase if state lawmakers decline to act and a 5,000-officer reduction in the New York City Police Department’s ranks.
Mamdani’s budget is far from inconsequential. In a city of nearly 9 million people that represents the center of global finance, his sweeping progressive agenda isn’t just a local policy shift. It’s a high-stakes experiment that could reshape the nation’s largest economy.
Under Mamdani’s plan, the city’s Office of Racial Equity would receive $5.6 million annually, while the Commission on Racial Equity would be allocated $4.6 million, a combined total of $10.2 million. The new figure represents roughly a $3 million increase — or about a 42% jump — from the approximately $7.2 million allocated last year.
The report explains that Mamdani’s Office of Racial Equity, which employs a staff of 38, serves as the administration’s operational arm, coordinating and implementing racial equity policies across agencies.
The budget also funds several high-level diversity positions across city agencies, including:
- $260,000 for a chief diversity officer at the Department of Education
- $301,000 for 3 civilian chief diversity inclusion officer positions at the Fire Department (plus $230,000 in associated overtime)
- $118,000 for a separate uniformed chief diversity inclusion officer position at FDNY
- $835,000 funneled to the Commission on Gender Equity, an advisory body solely dedicated to analyzing legislation and developing public positions on gender-based equality.
BREAKING DOWN THE BUDGET: NYC Mayor Zohran Mamdani’s new $127B proposal is officially here, and the trade-offs are staggering.
While the administration pours millions into new “Racial Equity” commissions and six-figure diversity bureaucrats, they’ve pulled the plug on hiring… pic.twitter.com/9OL1j8Ry4O
— Fox News (@FoxNews) February 19, 2026
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