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Q&A
Debate over tourism budget restoration and its impact on city revenue
1:30:56
·
62 sec
Council Member Farías and OMB officials engage in a debate about the restoration of NYCTC's budget and the potential impact of reduced tourism on city revenue.
- Farías emphasizes the need for full budget restoration due to decreased tourism and potential revenue loss
- OMB officials maintain that the tourism budget has been fully restored to baseline levels
- Disagreement arises over whether the previous year's budget cut was fully or partially restored
Amanda Farías
1:30:56
Well, we had a cut last budget that wasn't restored at the end of f y twenty five and we're looking now at an even more with tariffs federal level conversations.
1:31:06
We're seeing a decrease in turnout in our tourism which will then decrease the revenue generated in this city and impact our economy.
1:31:14
So if you're saying you're going to have conversations with NYCTC on what their needs are and assess how we're going to help support them and really support this city in the tri state area and the state quite frankly with the revenue that we generate from New York City alone, that would mean that you could commit to reinstating their $7,000,000 to ensure that they're fully funded and baselined.
Tara Boirard
1:31:38
In terms of restoring them, just looking at their current level, they're fully restored.
1:31:45
Okay.
1:31:46
But again, understand
Jacques Jiha
1:31:48
that we Again, we the challenge.
1:31:50
Again, what she's making, I believe we restored it last last last You
Amanda Farías
1:31:55
partially restored it last time.
1:31:57
Yeah.
1:31:57
I'm still the chair of the committee.