The math ain’t mathing.

Mayor Zohran Mamdani bragged about eliminating unneeded spending in the Big Apple’s bloated school budget as kids returned to class Thursday — even though the savings added up to a fraction of a percent.

Hizzoner crowed about the $100 million in contract savings over two years by cutting duplicative services or sending deals out for a new bidding process, but provided scant details about the cuts.

“We are canceling the contracts that no longer serve our students, teachers, and school staff,” Mamdani said at first-day-of-school news conference at Highbridge Recreation Center in Queens.

“These changes will save more than…

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