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Q&A
Implementation of a true cost of living measure in New York City
0:38:11
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62 sec
Council Member Brewer inquires about the implementation of a true cost of living measure in New York City, which was mentioned in a previous report. Kate MacKenzie provides information on the progress of this initiative.
- The measure is being developed to track the annual cost of meeting essential needs, including food, in the city.
- The Mayor's Office of Racial Equity and Justice is leading the development of cost accounting methodologies.
- The Food Policy office has been collaborating to ensure food prices are captured in the measure.
- The release of the measure is expected in the spring, though an exact date is not provided.
Gale A. Brewer
0:38:11
In that same report, it was, New York has voted to create a true cost of living measure to track the annual cost in our city of meeting essential needs, including food.
0:38:23
How is your office working with agencies to implement that measure?
0:38:27
Because if we have it's like everything else.
0:38:29
You data, you can make the policy, and change it if necessary.
0:38:33
It's all about data.
0:38:34
In
Kate MacKenzie
0:38:37
deputy mayor Almanzar's portfolio is also my colleague, Sudia Sherman.
0:38:41
And Sudia is with the mayor's of racial equity and justice.
0:38:45
And Sadia's team is fourth is coming out with the the some of the two cost accounting methodologies, and we have been chatting with her team for the better parts of two years to make sure that things specifically around food prices are captured in within that.
Gale A. Brewer
0:39:03
So when is that around?
Kate MacKenzie
0:39:04
I believe it is this I'm 99% sure it is this spring, but we'll get back to you and invite you to learn more about that.
Gale A. Brewer
0:39:10
Okay.
0:39:11
I'd like to turn it over to my colleague.