REMARKS
Council to vote on property tax rates and tax exemptions
0:17:49
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50 sec
Council Speaker Adrienne E. Adams introduces several finance items for vote, including property tax rate amendments and tax exemptions for various buildings. These items are sponsored by Council member Justin Brennan.
- Four preconsidered resolutions to amend and restate property tax rates for fiscal year 2025
- A transparency resolution approving new designations and changes for organizations receiving funding in the expense budget
- Three preconsidered resolutions establishing new 40-year Article 11 tax exemptions for buildings in different council members' districts
Adrienne E. Adams
0:17:49
Next, we'll vote on the following finance items.
0:17:53
4 preconceived resolutions sponsored by Council member Justin Brennan, which would amend and restate the property tax rates for fiscal year 2025 in accordance with enacted state legislation.
0:18:04
A transparency resolution approving new designations and changes of certain organizations receiving funding in the expense budget.
0:18:11
A preconceived resolution sponsored by council member Justin Brennan establishing a new 40 year article 11 tax exemption for 7 buildings and council members, Salam's district.
0:18:21
A preconceived resolution sponsored by council member Justin Brennan establishing a new 40 year article 11 tax exemption for One Building And Council member Joseph's District.
0:18:31
A preconceived resolution sponsored by council member Justin Brennan establishing a new 40 year article 11 tax exemption for 1 building and council member, Rivera's district.
