New York City Council
Committee on Finance
Oct 23, 2024
·
10:30 AM
7 min
Summary
A vote. The committee passes:
- Three property tax exemption resolutions
- Four amendments to fiscal 2025 property tax rates
- A transparency resolution.
The tax resolutions pass with 11 in favor and 2 against, while all other items pass unanimously.
Council members express concerns about the need for comprehensive property tax reform in the future.
Meeting chapters
Read summaries and watch videos for short segments that matter to you.
Majority Leader Amanda Farías introduces Finance Committee meeting agenda
Majority Leader Amanda Farías, acting as chair of the Finance Committee, opens the meeting and outlines the agenda for the day. She introduces eight items for voting, including property tax …
0:00:11
·
4 min
Gale Brewer explains her vote on property tax resolutions
Council Member Gale Brewer expresses her thoughts on the property tax code and the recent resolutions. She acknowledges that while the current solution is the best they could do, the …
0:04:45
·
17 sec
David Carr explains his vote on tax class share resolutions
Council Member David Carr explains his vote against the tax class share resolutions, citing the need for greater reform in the property tax process. He associates himself with Council Member …
0:05:35
·
38 sec
Council Member Kamillah Hanks explains her vote
Council Member Kamillah Hanks votes aye on all items except for Resolutions 623, 624, 625, and 626. She associates her comments with those of Council Members Carr and Brewer. - …
0:06:47
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16 sec
Vote outcome on tax resolutions and other items
The Finance Committee of the NYC City Council voted on multiple items during this meeting. The outcome was as follows: - All items: 13 in the affirmative, 0 in the …
0:07:06
·
29 sec
