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Q&A
Discussion on proposed budget cuts to NYC Aging
1:20:07
·
90 sec
Council Member Crystal Hudson inquires about the impact of proposed budget cuts on NYC Aging's services, particularly older adult centers. The discussion focuses on:
- A proposed $124 million cut to DFTA's budget for FY2026
- Concerns about the effect on older adult centers given the growing aging population
- DFTA's plans to advocate for restoration of these cuts in the executive plan
- Chief Financial Officer Jose Mercado confirms that discussions with OMB aim to keep the agency whole for FY2025 to FY2026, including restoring all PEGs (Program to Eliminate the Gap cuts).
- Commissioner Cortés-Vázquez affirms they are advocating for the restoration of these cuts.
Crystal Hudson
1:20:07
The preliminary plan did not include the restoration of any pegs made to NYC Aging, leaving in effect several cuts that were made to NYC aging's budget, including $2,200,000 in fiscal twenty twenty six and $15,700,000 in fiscal twenty twenty seven and the out years for older adult centers.
1:20:26
Older adult centers are a vital resource and lifeline for many of our city's older residents, we're concerned about the impact of a funding reduction on these programs, especially given that the aging population is rising.
1:20:37
The city's population of older adults, which currently represents 20% of our entire population, will only grow as the baby boomer generation ages.
1:20:45
The 2021 CUNY Graduate Center study reports that the population of adults ages 65 and older is expected to increase by 40% by 02/1940.
1:20:55
How will older adult center capacity be impacted by these pegs, especially in light of the loss of the previously discussed federal funds?
Jose Mercado
1:21:15
So as commissioner as the commissioner mentioned, o b is basically our conversations with o b was to keep us whole for twenty five to twenty six, which includes restoring all pigs.
Crystal Hudson
1:21:28
And are you advocating for the restoration of these pegs in the executive plan?
Jose Mercado
1:21:36
Yes.
1:21:36
Okay.
Crystal Hudson
1:21:37
Thank you.