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Council Member Justin Brannan opens Finance Committee meeting and introduces agenda items

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    Council Member Justin Brannan, chair of the NYC City Council Finance Committee, opens the meeting and introduces the agenda items for consideration and voting. He outlines several key pieces of legislation, including a budget modification, increases for Business Improvement Districts, and a resolution calling for a National Infrastructure Bank.

    • The committee will vote on a budget modification of $255.6 million for FY25
    • Two introductions (1090-A and 1098) relate to increasing expenditures for Business Improvement Districts
    • Resolution 11 calls on Congress to pass the National Infrastructure Bank Act of 2023
    • Five resolutions for real property tax exemptions are also on the agenda