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Finance items and budget-related legislation
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Speaker Adrienne E. Adams introduces several finance items and budget-related legislation for voting. These items include changes to budget reporting timelines, establishment of a Business Improvement District, and resolutions related to tax exemptions and funding allocations.
- Introduction 1234-A: Changes timeline for independent budget office report and council's public hearings on the mayor's executive budget.
- Introduction 1219: Establishes the East Harlem 120 Fifth Street Business Improvement District.
- Resolution 327: Calls for state legislation to authorize retroactive tax exemptions.
- Pre-considered resolution: Approves changes in funding designations for certain organizations in the expense budget.
Adrienne E. Adams
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Next, we'll vote on the following finance items.
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Introduction twelve thirty four a, sponsored by council member Justin Brannan, would require require the director of the independent budget office to publish a report analyzing the mayor's executive budget for the ensuing fiscal year on May 20 of each year as opposed to May 15.
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Additionally, this bill would move the council's public hearings on the mayor's executive budget to between May 10 and May 31.
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Introduction twelve nineteen, sponsored by deputy speaker Diana Ayala, would establish the East Harlem 120 Fifth Street Business Improvement District.
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Resolution three twenty seven, sponsored by council member Sandy Nurse, would call for passage of state legislation to authorize the city to offer retroactive tax exemptions, and pre considered resolution sponsored by council member Justin Brannan to approve new designation and changes in the designation of certain organizations to receive funding in the expense budget.