New York City Mayor Zohran Mamdani and City Council Speaker Julie Menin announced a deal on a $125.8 billion final city budget on Tuesday, after days of contentious negotiations. The agreement includes $175 million for the city rental-assistance program, a sticking point in final talks. The budget pact, the first of Mamdani’s mayoralty, comes as the city’s fiscal year ends and caps months of public debate over the spending plan.