NYC has an operating budget of $115 billion, the largest municipal budget in the U.S. This is how the budget works and how the city sets priorities.
I am Kyla Scanlon. I am an author, economic commentator, and educator focused on making sense of how people experience the economy. I am the founder of Bread, a financial education company that uses storytelling, humor, and analysis to explain markets and policy to millions across platforms. My work has been featured in The New York Times, The Atlantic, The Financial Times, Bloomberg, and many other outlets.