Tin Cup Day is the annual pilgrimage local lawmakers in New York state make to Albany to ask the state legislature for help filling funding gaps. Mamdani, on his first trip as Mayor, said the city has a $12.6 billion budget gap he hopes to fill with a combination of more state funds and a tax hike on the city’s wealthiest residents and corporations. The mayor said: “I’m encouraged, frankly, by the potential of a new kind of relationship between City Hall and Albany – one that’s very different from what we’ve seen over many, many years.” Hochul, in the midst of a re-election bid, has said she does not support the personal tax increase at this time.