Your guide to NYC's public proceedings.
AGENCY TESTIMONY
Challenges faced by the nonprofit sector
0:16:26
·
28 sec
Sherman highlights the mounting fiscal stress faced by the city's nonprofit sector due to budget cuts and policy changes affecting the communities they serve.
- Nonprofits operating with thin margins and delayed reimbursements
- Organizations reeling from budget cuts while witnessing policy changes affecting their communities
- Call for the administration to articulate a clear strategy for supporting this critical sector
Jackie Sherman
0:16:26
Finally, the city's nonprofit sector faces mounting fiscal stress as many organizations reel from material cuts to their own budgets while simultaneously witnessing devastating policy changes aimed at the communities they serve.
0:16:43
These providers operate with thin margins and delayed reimbursements.
0:16:47
The administration should articulate a clear strategy for supporting this critical sector in the face of compounding risks.