NEW YORK (BLOOMBERG) — New York Mayor Zohran Mamdani said he’ll forgo a pay increase approved by City Council members as they voted to give themselves their first salary bump in a decade.
The legislation raises salaries by 18% for the city’s elected officials, including borough presidents, district attorneys and comptroller. The 51 City Council members, who currently earn $148,500 a year, will now receive $175,500. The mayor’s annual salary jumps to $305,800 even though Mamdani said he wouldn’t take it.
“I will not accept a pay raise,” the mayor said at a news conference Thursday, repeating an earlier pledge. “I haven’t knocked on anyone’s door in New York City and they’ve said their concern is that the mayor makes too little.”…