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AGENCY TESTIMONY
Challenges and advocacy efforts of NYC Aging
2:55:56
·
81 sec
Commissioner Cortés-Vázquez outlines the financial challenges facing NYC Aging and their ongoing advocacy efforts to secure fair funding from state and federal partners.
- The FY 2026 executive budget maintains funding for core programs despite financial challenges.
- Changes in federal administration and funding formulas are creating uncertainty for aging services.
- NYC Aging is advocating for improved per capita funding formulas to increase state dollars and secure fair share funding for the city.
- The department is monitoring potential impacts on aging services and has developed several possible scenarios.
- The commissioner calls for partnership with the council in raising their advocacy voice.
Lorraine Cortés-Vázquez
2:55:56
We are pleased to see that under FY '26 executive budget, in addition to there being no mandatory services as exercise, the mayor and OMB kept their word and funded the backfill by the expiring stimulus dollars and programs to eliminate the gap, the pegs for the core programs I mentioned earlier.
2:56:18
Nevertheless, we are keenly aware of the change in the federal administration and the need for an improved per capita funding formula to increase state dollars and result in a fair share funding for the city by the state, which has led to confusion in funding sources, especially those in federal grants.
2:56:37
These are ongoing issues that we monitor day to day and continue to assess the potential impacts to aging services where we have developed several possible scenarios.
2:56:48
We also continue to advocate to our state and federal partners and to share the financial responsibility of serving older New Yorkers living in New York.
2:56:58
And I've always asked you to be our partners in raising that advocacy voice.
2:57:04
Since I was last here in March to discuss the preliminary budget, we are proud of our work done with the work of our nonprofit partners in addressing some of the notable recent successes and upcoming items we are looking forward to.