QUESTION
Why is the budget for senior centers and meals reduced by $26 million, and how does this relate to the OAC peg?
2:05:59
·
29 sec
The reduction of $26 million in the budget for senior centers and meals is entirely due to the OAC peg.
- The budget for NYC Aging is divided into 6 program areas, including senior centers and meals.
- The 2025 preliminary plan shows a $26 million reduction compared to the fiscal 2024 adopted budget for senior centers and meals.
- The entire reduction relates to the OAC peg, as confirmed by the Chief Financial Officer of the NYC Department for the Aging.
Crystal Hudson
2:05:59
Senior centers and meals, programs, funding change.
2:06:02
So NYC Aging's budget is divided into 6 program areas, one of which is senior centers and meals.
2:06:09
This program area is 5th 2025 budget as of the preliminary plan and is $26,000,000 less than the fiscal 2024 adopted budget.
2:06:18
What is the reason for this difference and how much of any of this relates to the OAC peg.
Jose Mercado
2:06:23
That's the peg itself.
Crystal Hudson
2:06:24
Just the pegs.
2:06:25
Yep.
2:06:25
So all of it relates to the peg.
2:06:27
Okay.
