citymeetings.nyc

Your guide to NYC's public proceedings.

QUESTION

What are the key takeaways from the most recent Program to Eliminate the Gap (PEG) analysis?

5:00:04

·

92 sec

Video Player is loading.

Current TimeÂ 0:00

DurationÂ 0:00

Loaded: 0%

Stream TypeÂ LIVE

Remaining TimeÂ 0:00

Â

The most recent Program to Eliminate the Gap (PEG) analysis shows a 7% net increase in the 2024 budget, despite restorations and adjustments.

Some PEGs were fully or partially restored, alongside additional budget adjustments, resulting in a 7% net increase for 2024.
Key areas affected by PEGs in both the November and preliminary budgets include Department of Education Early Childhood Programs, alternatives to incarceration programs, and adult centers.
The impact of PEGs on both service delivery and payments to non-profit providers contracted by the city is under scrutiny.
The analysis tracks different categorizations of PEGs, highlighting the complexity of budget adjustments and their implications.

Justin L. Brannan

5:00:04

Talking about the pegs, what are your primary takeaways from the most recent peg?

Sarita Subramanian

5:00:12

So as Louise I mentioned in our testimony, we track different categorizations of pegs.

5:00:18

And so looking at, for example, the restorations.

5:00:23

While there were some pegs that were either fully or partially restored, There were also additional adjustments to the budget so that the net impact for 2024 is actually about 7% increase in the 2024 budget.

5:00:43

Despite that, we do also know key areas where programs were received a peg in both the November and the preliminary budget.

5:00:53

It.

5:00:54

In particular, we note that Department of Education Early Childhood Programs programs for alternatives to incarceration as well as Trying to think what else.

Nantasha Williams

5:01:10

I think those are the

Sarita Subramanian

5:01:11

oh, and also adult adult center.

5:01:14

Oh, there are adult centers.

5:01:16

And these are, as Louise, I mentioned, areas that non profit providers contract with the city to provide the service So we're really trying to get a better understanding of what the impact could mean both in terms of delivery of those services, but also payments to contracted providers.

5:01:35

Okay.

← Previous Chapter

What analysis exists on the asylum cost adjustments in the preliminary plan?

Next Chapter →

What does the Independent Budget Office forecast for the future of commercial real estate in New York?