Your guide to NYC's public proceedings.
Q&A
Discussion on potential risks to federal asset forfeiture funds
3:00:03
ยท
57 sec
Council Member Gale Brewer raises concerns about the potential clawback of federal asset forfeiture funds, similar to recent federal funding issues. OMB Director Jacques Jiha responds with the city's approach to protecting revenue streams.
- Brewer asks if OMB is concerned about federal asset forfeiture funds being in jeopardy
- Jiha explains that they are monitoring the situation and will assess and make recommendations if needed
- Brewer emphasizes that asset forfeiture funds require special consideration due to their unique nature
Gale Brewer
3:00:03
On asset forfeiture, in light of the federal government's clawback of female funding, which we've all heard about, is o n b concerned that federal asset forfeiture funds that the city receives may also be in jeopardy?
3:00:15
What are you doing about that?
Jacques Jiha
3:00:17
Again, our goal is to protect all of our revenue stream as best as we can.
3:00:22
And, as I said, we're taking each case at a time.
3:00:27
Again, we don't want to give these guys a roadmap in terms of what they need to do, what they should do, but our goal is to monitor and see and do an assessment when the time comes if whatever happens, we do an assessment and make a recommendation to the council and to the mayor.
Gale Brewer
3:00:46
Okay.
3:00:47
Astorpora is a little bit different though than just a regular allocation.
3:00:50
So it needs, in my opinion, a special thought process because it's a different you get it differently.
3:00:56
You don't just get it every time.
Jacques Jiha
3:00:58
We we got we got it.
Gale Brewer
3:00:59
Alright.