Overview
- Sources told NY1 and the Daily News that CUNY chief financial officer Sherif Soliman is expected to be named OMB director, though the incoming administration has not confirmed the hire.
- Incoming First Deputy Mayor Dean Fuleihan said new appointments will be announced this week during remarks at a Citizens Budget Commission event.
- Fuleihan said the administration will pursue rent freezes, universal child care, and free and faster buses while maintaining fiscal discipline and producing a balanced budget under GAAP.
- The preliminary fiscal 2027 budget is slated for release on Feb. 1, placing the OMB director at the center of drafting the plan and leading negotiations with the City Council.
- Fuleihan said ongoing discussions with state officials on tax policy and revenues will shape the budget, while labor talks and hiring bottlenecks remain operational constraints.