A WORM IN THE BIG APPLE’S BUDGET? Mayor Bill Di Blasio’s new budget pins all its hopes on a rosy state and federal economy. From the New York Post:

“For the fiscal year that starts on July 1, Gotham is on track to spend close to $95.6 billion. Of that, $73 billion is local-taxpayer money; the rest is federal and state grants. That’s a big jump from the $69.7 billion in local money in the fiscal year that’s just ending — 4.8%, when inflation is running about 1.8%. ”