Your guide to NYC's public proceedings.

New York City Council

Committee on Finance

May 30, 2025

·

10:00 AM

5 hr 51 min

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Summary

A hearing on the FY 2026 executive budget, focusing on the city's fiscal outlook, potential federal funding cuts, reserve funds, tax revenue projections, and various agency budgets.

Discussions covered challenges like asylum seeker costs, childcare voucher funding, property tax reform, and budget equity across communities.

Features testimony from the Office of Management and Budget (OMB), the City Comptroller, the Department of Finance, and the Independent Budget Office (IBO).

Meeting chapters

Read summaries and watch videos for short segments that matter to you.

REMARKS

Council Member Justin Brannan opens final day of FY 2026 executive budget hearings

Council Member Justin Brannan, chair of the committee on finance, opens the final day of hearings for the FY 2026 executive budget. He introduces the day's agenda, acknowledges present council …

0:00:25

134 sec

REMARKS

Speaker Adams discusses budget overview and economic forecast

Speaker Adrienne E. Adams provides an overview of the FY '26 executive budget and discusses the economic forecast. She highlights the resilience of the city's economy despite federal policy uncertainties. …

0:02:40

120 sec

REMARKS

Speaker Adams advocates for increased parks funding

Speaker Adams emphasizes the importance of parks to New York City and calls for increased funding to improve their maintenance and accessibility. - NYC parks receive over 100 million visits …

0:04:41

34 sec

REMARKS

Speaker Adams calls for increased support for senior services

Speaker Adams highlights the importance of supporting senior citizens in New York City and calls for expanded services to address their needs. - Adams refers to seniors as the "crown …

0:05:15

15 sec

REMARKS

Speaker Adams addresses public safety and criminal justice reform investments

Speaker Adams emphasizes the need for investments in public safety programs and criminal justice reform, including mental health initiatives and alternatives to incarceration. - Adams calls for following through on …

0:05:30

45 sec

REMARKS

Speaker Adams advocates for investments in education and childcare

Speaker Adams emphasizes the importance of investing in education and childcare to support working families in New York City. - She calls for full investment in public schools, child care …

0:06:16

28 sec

REMARKS

Speaker Adams highlights additional budget priorities and concludes remarks

Speaker Adams outlines several other priority areas for budget consideration and concludes her remarks. - She emphasizes the need to prioritize CUNY, NYCHA, and housing investments in the final budget. …

0:06:45

42 sec

REMARKS

Chair Brannan presents the Council's economic and tax forecast

Finance Chair Justin Brannan introduces the Council's economic and tax forecast for the FY '26 budget, highlighting the city's economic resilience. - The Council released its updated economic and tax …

0:07:27

30 sec

REMARKS

Chair Brannan details the Council's revenue projections

Finance Chair Brannan provides detailed revenue projections based on the Council's economic and tax forecast. - The Council projects $1.7 billion more in tax revenue for FY '25 and '26 …

0:07:58

35 sec

REMARKS

Chair Brannan discusses the city's economic outlook

Finance Chair Brannan provides an overview of the city's economic outlook based on the Council's forecast. - The Council projects tax revenue to grow at an average of 4.5% annually …

0:08:34

23 sec

REMARKS

Chair Brannan outlines budget priorities and concludes opening remarks

Finance Chair Brannan emphasizes key budget priorities and concludes his opening remarks for the executive budget hearing. - Brannan stresses the importance of preserving neighborhood cornerstones like parks, libraries, and …

0:08:57

61 sec

AGENCY TESTIMONY

Introduction and overview of the FY 2026 executive budget

Jacques Jiha, Director of NYC Mayor's Office of Management and Budget, presents the FY 2026 executive budget to the city council. He outlines a balanced budget of $115.1 billion with …

0:10:28

72 sec

AGENCY TESTIMONY

Economic outlook and tax revenue projections for New York City

Director Jiha presents a positive economic outlook for New York City, highlighting strong employment, rebounding population, and recovering tourism. This economic growth has led to increased tax revenue projections. - …

0:11:42

72 sec

AGENCY TESTIMONY

Savings measures and fiscal discipline in the executive budget

Director Jiha emphasizes the administration's priority on achieving savings without service cuts or layoffs. He outlines the total savings and highlights fiscal discipline in budget planning. - Total savings of …

0:12:55

70 sec

AGENCY TESTIMONY

Investments in critical services and vulnerable communities

Director Jiha outlines the city's investments in critical services, emphasizing support for vulnerable community members and essential service providers. He highlights the balanced approach to spending and investment. - Nearly …

0:14:06

109 sec

AGENCY TESTIMONY

Public safety initiatives and criminal justice funding

Director Jiha details the city's investments in public safety and criminal justice initiatives, emphasizing a comprehensive approach to community safety and support for law enforcement and justice systems. - Strengthened …

0:15:56

62 sec

AGENCY TESTIMONY

Investments in city cleanliness and parks maintenance

Director Jiha outlines the administration's commitment to improving city cleanliness and park maintenance through targeted funding and initiatives. - Baseline support for litter basket pickup throughout the city - Funding …

0:16:58

37 sec

AGENCY TESTIMONY

Senior services and food security programs

Director Jiha highlights the city's investments in services for older New Yorkers and efforts to combat food insecurity across the city. - Over $100 million annually added to backfill expired …

0:17:36

34 sec

AGENCY TESTIMONY

Transportation funding and Fair Fares program

Director Jiha briefly addresses the city's commitment to affordable transportation through the Fair Fares program and support for youth employment participants. - Maintained funding for the Fair Fares program to …

0:18:11

15 sec

AGENCY TESTIMONY

Education and childcare investments

Director Jiha outlines significant investments in education and childcare, including funding for CUNY, cultural programs, libraries, and various education initiatives. - Restored funding for CUNY and maintained support for ACE …

0:18:26

130 sec

AGENCY TESTIMONY

Investment in adult literacy programming

Director Jiha briefly mentions the city's investment in adult literacy programming, recognizing its importance for social and economic mobility. - Commitment to funding adult literacy programs - Recognition of reading, …

0:20:37

10 sec

AGENCY TESTIMONY

Challenges and risks to the city budget

Director Jiha outlines significant challenges and risks facing the city's budget, including asylum seeker costs, state budget impacts, and potential economic threats. - Ongoing care for over 38,000 asylum seekers …

0:20:48

108 sec

AGENCY TESTIMONY

Federal funding risks and potential impact on city services

Director Jiha highlights the significant risks posed by potential federal funding cuts and changes to grant requirements, emphasizing the city's limited ability to backfill federal funding. - Review of federal …

0:22:38

89 sec

AGENCY TESTIMONY

Conclusion and future budget considerations

Director Jiha concludes his testimony by acknowledging the serious challenges ahead and expressing his commitment to working with the city council on budget priorities. - Emphasis on the inability of …

0:24:08

36 sec

Q&A

Council member questions administration's two for one hiring policy and its impact on city services

Council Member Adrienne E. Adams questions Jacques Jiha, Director of NYC Mayor's Office of Management and Budget, about the city's two for one hiring policy. They discuss its impact on …

0:25:04

3 min

Q&A

Council Member Adams questions OMB on NYPD staffing and vacancy issues

Council Member Adrienne E. Adams inquires about the NYPD's plan to fill vacancies in both uniformed and civilian positions, including 911 operators. Jacques Jiha from the Mayor's Office of Management …

0:28:10

71 sec

Q&A

Council Member Adams inquires about child care voucher funding and state budget implications

Council Member Adrienne E. Adams inquires about the child care voucher funding shortfall and its relation to the recently enacted state budget. Director Jacques Jiha of the NYC Mayor's Office …

0:29:22

99 sec

Q&A

Council Member Adams questions OMB Director on child care voucher costs and waitlists

Council Member Adrienne E. Adams engages in a Q&A session with Jacques Jiha, Director of NYC Mayor's Office of Management and Budget, regarding child care voucher expenditures and waitlists. Jiha …

0:31:01

3 min

Q&A

Council Member Adams questions OMB Director on school funding commitments

Council Member Adrienne E. Adams engages in a brief Q&A session with Jacques Jiha, Director of NYC Mayor's Office of Management and Budget, regarding school funding for the upcoming school …

0:34:44

34 sec

Q&A

Council Member Adams questions OMB on state budget housing funds

Council Member Adrienne E. Adams inquires about the Office of Management and Budget's (OMB) role in managing over $1 billion in additional capital funding for housing from the state budget. …

0:35:23

87 sec

Q&A

Council discusses potential federal funding cuts and city's response plan

Council Member Adrienne E. Adams and Jacques Jiha from the NYC Mayor's Office of Management and Budget discuss the potential impact of federal funding cuts on the city's budget and …

0:37:06

3 min

Q&A

Council Member Adams questions OMB Director on homeless shelter costs and housing strategies

Council Member Adrienne E. Adams engages in a Q&A session with Jacques Jiha, Director of NYC Mayor's Office of Management and Budget, regarding the city's approach to homelessness. The discussion …

0:40:19

3 min

Q&A

Council Member Adams questions OMB on public safety investments and mental health programs

Council Member Adrienne E. Adams questions OMB Director Jacques Jiha about public safety investments to close Rikers Island and address the city's mental health crisis. The discussion focuses on the …

0:43:26

3 min

Q&A

Council Member Adams inquires about funding for justice involved supported housing

Council Member Adrienne E. Adams inquires about the administration's plans to use state budget funding for justice involved supported housing (JISH), particularly regarding the promised 380 additional units. Jacques Jiha, …

0:46:41

50 sec

Q&A

Council Member Brannan questions OMB on credit ratings and long-term liabilities

Council Member Justin Brannan engages in a Q&A session with Jacques Jiha from the Mayor's Office of Management and Budget, focusing on the potential impacts of the US credit downgrade …

0:47:31

179 sec

Q&A

Council Member Brannan inquires about taxable bonds and interest rates

Council Member Justin Brannan questions Jacques Jiha from the NYC Mayor's Office of Management and Budget about taxable bonds, their uses, and interest rates. Jiha explains the types of projects …

0:50:33

73 sec

Q&A

Council Member Brannan questions OMB Director on city's financial reserves and bond ratings

Council Member Justin Brannan engages in a Q&A session with Jacques Jiha, Director of NYC Mayor's Office of Management and Budget, discussing the city's financial reserves, their impact on bond …

0:51:46

177 sec

Q&A

Council Member Brannan questions OMB Director on budget savings and write-offs

Council Member Justin Brannan questions Jacques Jiha, Director of NYC Mayor's Office of Management and Budget, about the significant increase in savings from writing off prior year receivables and expenses …

0:54:46

70 sec

Q&A

Council Member Brannan questions OMB Director on home health care employment and policy impacts

Council Member Justin Brannan inquires about the implications of recent changes to New York State's Consumer Directed Personal Assistance Program (CDPAP) on the city's home health care job growth. OMB …

0:56:03

91 sec

Q&A

Council Member Brannan questions OMB Director Jiha on tax revenue forecasts

Council Member Justin Brannan inquires about the significant increase in tax revenue forecasts for FY '25, particularly the $1.7 billion increase in the executive plan. OMB Director Jacques Jiha explains …

0:57:38

134 sec

Q&A

Council Member Brannan questions OMB on sales tax forecast and tariff impacts

Council Member Justin Brannan inquires about the executive plan's downward revision of the city's sales tax forecast and the potential impacts of the Trump administration's tariffs on consumer prices in …

0:59:52

38 sec

Q&A

Council Member Brannan questions OMB Director on mayor's cryptocurrency announcement

Council Member Justin Brannan questions Jacques Jiha, Director of NYC Mayor's Office of Management and Budget, about the mayor's recent announcement regarding "bit bonds" and cryptocurrency investments. Jiha emphasizes that …

1:00:33

155 sec

Q&A

Council Member Brooks-Powers questions OMB Director on DOT funding and budget commitments

Council Member Selvena N. Brooks-Powers questions Jacques Jiha, Director of NYC Mayor's Office of Management and Budget, about various budget-related issues. The discussion covers funding for the Department of Transportation's …

1:03:09

4 min

REMARKS

Council Member Ayala raises concerns about inequitable sanitation budget allocation

Council Member Diana I. Ayala expresses concerns about the inequitable distribution of sanitation resources across different districts in New York City. She highlights the need for additional resources in high-density …

1:07:42

135 sec

Q&A

Council Member Ayala inquires about funding for asylum seeker response help center

Council Member Diana I. Ayala questions the administration about the funding and expenditures for the asylum seeker response help center. The discussion reveals that the center's funding comes from the …

1:10:00

100 sec

Q&A

Closure of asylum application health center and transition plan

Council Member Ayala inquires about the reasons for closing the asylum application health center and the city's plans to address ongoing needs. Director Jiha explains that the closure is due …

1:11:40

32 sec

Q&A

Funding for MOYA's asylum seeker services

Council Member Ayala inquires about additional funding resources for MOYA (Mayor's Office of Immigrant Affairs) to continue providing services to asylum seekers. Director Jiha provides information on the funding allocated …

1:12:13

12 sec

Q&A

State funding allocation and reimbursement for asylum seeker response

Council Member Ayala questions Director Jiha about the discrepancy between the state's allocated funds for asylum seeker response and the amount drawn down by the city. Jiha explains the complexities …

1:12:26

123 sec

Q&A

Challenges in the process of claiming state funds for asylum seeker response

Director Jiha elaborates on the challenges in the process of claiming state funds for asylum seeker response, explaining why there's a delay in receiving the full allocated amount. Council Member …

1:14:29

105 sec

Q&A

Total spending and claiming of funds for asylum seeker response

Council Member Ayala asks for clarification on the total amount spent and claimed from the state allocation for asylum seeker response. Director Jiha provides detailed figures and explains the current …

1:16:15

43 sec

Q&A

Council Member Ayala questions OMB Director on asylum seeker budget shifts

Council Member Diana I. Ayala questions Jacques Jiha, Director of NYC Mayor's Office of Management and Budget, about recent budget shifts related to the city's asylum seeker response efforts. They …

1:16:58

118 sec

Q&A

Council member questions funding levels for Community Food Connection program

Council Member Diana I. Ayala expresses concerns about the funding levels for the Community Food Connection (CFC) program in the executive budget. OMB Director Jacques Jiha responds with details on …

1:18:56

3 min

Q&A

Council member inquires about budgeting practices for entitlement programs

Council Member Diana I. Ayala questions OMB Director Jacques Jiha about the budgeting practices for key entitlement programs, particularly focusing on the issue of under-budgeting and the need for additional …

1:22:33

155 sec

Q&A

Council Member Farías questions OMB on maternal health program funding

Council Member Amanda Farías inquires about the lack of additional funding for maternal health programs in the executive budget, despite the council's request for $15.7 million in baseline funding. OMB …

1:25:17

162 sec

REMARKS

Council Member Farías discusses NYC tourism numbers and budget concerns

Council Member Amanda Farías addresses the anticipated decrease in tourism numbers for New York City, particularly in international visitors. She questions the administration's decision to only partially restore funding for …

1:27:59

56 sec

Q&A

Director Jiha responds to tourism funding and World Cup commitment concerns

Director Jacques Jiha addresses Council Member Farías' concerns about tourism funding and the World Cup commitment. He explains the administration's stance on working with NYCTC and the reasons behind the …

1:28:56

47 sec

Q&A

Council Member Farías inquires about full restoration of NYCTC budget

Council Member Amanda Farías follows up on the previous discussion, emphasizing NYCTC's request for full budget restoration and the potential consequences of not meeting this request. - Mentions an email …

1:29:43

45 sec

Q&A

OMB explains current tourism budget allocation

Senior Deputy Director Tara Boirard provides an explanation of the current budget allocation for tourism, addressing Council Member Farías' concerns about full restoration. - Details that $3 million was added …

1:30:28

27 sec

Q&A

Debate over tourism budget restoration and its impact on city revenue

Council Member Farías and OMB officials engage in a debate about the restoration of NYCTC's budget and the potential impact of reduced tourism on city revenue. - Farías emphasizes the …

1:30:56

62 sec

Q&A

Director Jiha commits to collaborating with NYCTC on international tourism

Director Jacques Jiha expresses a commitment to work with NYCTC on plans to boost international tourism in New York City. - Affirms willingness to continue working with NYCTC - Offers …

1:31:58

13 sec

Q&A

Council Member Farías outlines follow-up actions on NYCTC funding

Council Member Amanda Farías concludes the discussion by outlining her intended follow-up actions regarding NYCTC's funding needs. - Commits to following up with NYCTC to gather more detailed information about …

1:32:11

12 sec

Q&A

Council Member Carr questions Director Jiha on road resurfacing and e-waste programs

Council Member David M. Carr engages in a Q&A session with Director Jacques Jiha, focusing on two main topics: road resurfacing and curbside e-waste collection in New York City. Carr …

1:44:50

4 min

Q&A

Council Member Louis questions OMB on maternal health, Women Forward NYC, and gender-affirming care funding

Council Member Farah Louis engages in a Q&A session with Jacques Jiha, Director of NYC Mayor's Office of Management and Budget, regarding budget allocations for maternal health psychologists, the Women …

1:49:42

3 min

Q&A

Council member questions OMB director about funding for Commission on Racial Equity

Council Member Nantasha M. Williams inquires about the lack of additional funding for the Commission on Racial Equity (CORE) despite their request for five additional staff lines. Director Jacques Jiha …

1:53:25

111 sec

Q&A

Council member and OMB director discuss funding for Commission on Human Rights

Council Member Nantasha M. Williams raises concerns about insufficient funding for the Commission on Human Rights (CCHR), particularly in light of the current federal climate and new responsibilities such as …

1:55:16

173 sec

Q&A

Council member inquires about delayed Racial Equity Plan and its impact on budget

Council Member Nantasha M. Williams questions Director Jacques Jiha about the delayed release of the Mayor's Office of Equity and Racial Justice (MOERJ) 2024 Racial Equity Plan and its potential …

1:58:10

108 sec

REMARKS

Council Member Moya welcomes PS 16 civics class to City Council hearing

Council Member Francisco P. Moya takes a moment to welcome and acknowledge a civics class from PS 16 in his district who are attending the City Council hearing. He explains …

2:00:03

39 sec

REMARKS

Council Member Restler commends budget hearing process

Council Member Lincoln Restler expresses gratitude for the executive budget hearings, praising Chair Brandon and the council finance staff for their excellent work. - Restler specifically commends Chair Brandon on …

2:00:47

14 sec

Q&A

Discussion on childcare voucher funding in the adopted budget

Council Member Restler inquires about the planned funding for childcare vouchers in the adopted budget, with Director Jiha providing specific figures and confirmation of full state matching. - OMB plans …

2:01:01

37 sec

Q&A

Discussion on borough-based jails proposal and current plans

Council Member Restler inquires about the mayor's recent proposal to convert borough-based jail facilities, with Director Jiha confirming that current plans remain unchanged. - Restler asks if OMB is seriously …

2:01:40

106 sec

Q&A

Discussion on potential Rikers Island improvements and capital eligibility

Council Member Restler and Director Jiha discuss the possibility of making improvements to Rikers Island infrastructure and the legal constraints involved. - Restler suggests applying for a waiver to pursue …

2:03:26

74 sec

Q&A

Discussion on Lippman Commission recommendations in executive plan

Council Member Restler inquires about the incorporation of Lippman Commission recommendations in the executive plan, with Director Jiha confirming their consideration. - Jiha confirms that Lippman Commission recommendations were considered …

2:04:40

35 sec

Q&A

Discussion on the impact of Republican House bill on New York funding

Council Member Restler and Director Jiha discuss the potential impact of the recently passed Republican House bill on New York State funding. - OMB is continuing to assess the bill's …

2:05:15

98 sec

REMARKS

Council Member Restler's concluding remarks on federal funding advocacy

Council Member Restler emphasizes the potential devastating impact of the Republican House bill on New York's budget and calls for stronger advocacy from city leadership. - Restler stresses the unprecedented …

2:06:53

80 sec

Q&A

Council Member Rita C. Joseph questions OMB Director on education funding

Council Member Rita C. Joseph engages in a Q&A session with Jacques Jiha, Director of NYC Mayor's Office of Management and Budget, regarding funding for various educational programs. The discussion …

2:08:20

5 min

Q&A

Council Member Salaam questions OMB on Harlem housing and shelter plans

Council Member Yusef Salaam engages in a Q&A session with OMB Director Jacques Jiha and his team regarding housing and infrastructure needs in Harlem. Salaam inquires about funding for specific …

2:13:36

177 sec

REMARKS

Council Member Hudson presents aging population statistics and NYC Aging's capital budget

Council Member Crystal Hudson presents statistics on the growing older adult population in New York City and raises concerns about NYC Aging's capital budget. She highlights that older adults represent …

2:16:36

44 sec

Q&A

Discussion on NYC Aging's capital funding needs

Council Member Crystal Hudson and Director Jacques Jiha engage in a Q&A session about NYC Aging's capital funding needs. Jiha explains recent budget additions for various programs but admits he's …

2:17:20

131 sec

Q&A

Discussion on home delivered meals program funding and reimbursement rates

Council Member Crystal Hudson inquires about funding for the home delivered meals program, specifically regarding increasing the per meal reimbursement rate. Director Jacques Jiha indicates that OMB is open to …

2:19:32

74 sec

Q&A

Consideration of different reimbursement rates for specialized meals

Council Member Crystal Hudson inquires about the possibility of different reimbursement rates for meals that meet cultural needs and the needs of those with specific health conditions. Director Jacques Jiha …

2:20:46

46 sec

Q&A

Council member Brewer questions OMB director about Department of Investigation funding

Council Member Gale A. Brewer inquires about the lack of additional funding for the Department of Investigation (DOI) in the executive budget, despite the council's request for $3 million to …

2:21:38

138 sec

Q&A

Council member Brewer questions OMB director about DOE oversight agency funding

Council Member Gale A. Brewer raises concerns about the limited budget and staffing of the Department of Education's oversight office, known as SCI school. She emphasizes the need for increased …

2:24:05

64 sec

Q&A

Council member Brewer advocates for funding smaller clubhouses

Council Member Gale A. Brewer inquires about additional funding for smaller clubhouses, emphasizing their importance in addressing mental health issues. Director Jacques Jiha mentions that $4 million has been added …

2:25:09

69 sec

Q&A

Council member Brewer advocates for additional funding for school-based mental health clinics

Council Member Gale A. Brewer raises the issue of funding for school-based mental health clinics, emphasizing their importance in addressing mental health issues before they escalate. She notes that an …

2:26:16

43 sec

Q&A

Council member Brewer raises concerns about FEP program changes and potential shelter returns

Council Member Gale A. Brewer expresses concern about potential changes to the Family Eviction Prevention Supplement (FEP) program, where rent contributions could increase from 30% to 40%. She worries this …

2:27:00

105 sec

Q&A

Council member Brewer inquires about increased funding for food assistance programs

Council Member Gale A. Brewer raises concerns about the desperate situation of food pantries and soup kitchens, asking about potential increased allocations for food assistance. Director Jacques Jiha outlines current …

2:28:46

53 sec

Q&A

Funding for mental health mobile treatment teams

Council Member Kevin C. Riley inquires about the funding allocation for mobile treatment teams in the executive plan. The administration explains that the $47.3 million allocation is to replace expiring …

2:29:42

73 sec

Q&A

Addressing long wait times for Assertive Community Treatment

Council Member Riley raises concerns about the 93-day average wait time for individuals to enter Assertive Community Treatment (ACT) programs. The administration commits to investigating the issue. - OMB will …

2:30:55

48 sec

Q&A

Baseline funding for school-based mental health clinics

Council Member Riley inquires about baseline funding for 16 school-based mental health clinics, which are currently funded with $5 million through H&H, DOE, and DOHMH. The administration explains the challenges …

2:31:43

78 sec

Q&A

Funding decrease for the 988 mental health hotline

Council Member Riley questions the decrease in funding for the 988 mental health hotline despite increasing call volumes. The administration explains the reason for the budget reduction. - The 988 …

2:33:01

61 sec

Q&A

Co-op City's public safety and sanitation funding inquiry

Council Member Riley inquires about the potential savings for the city due to Co-op City operating its own public safety and sanitation services. He requests information to address other community …

2:34:02

43 sec

Q&A

Council member questions lack of funding for successful CUNY Reconnect program

Council Member Eric Dinowitz questions Director Jacques Jiha about the lack of funding for the CUNY Reconnect program in the executive budget. Dinowitz highlights the program's success in enrolling 47,000 …

2:34:53

122 sec

Q&A

Council member advocates for disability services funding in CUNY budget

Council Member Eric Dinowitz advocates for including $2.1 million in funding for disability services for CUNY students in the adopted budget plan. He emphasizes the importance of supporting students with …

2:37:13

58 sec

REMARKS

Council member emphasizes importance of supporting CUNY enrollment amid federal challenges

Council Member Eric Dinowitz emphasizes the importance of investing in CUNY programs to counteract federal policies that may reduce enrollment of international and immigrant students. He argues for the city's …

2:39:18

40 sec

Q&A

Funding for legal services for unaccompanied immigrant minors

Council Member Diana I. Ayala inquires about funding for legal services for unaccompanied immigrant minors, highlighting the recent termination of federal support and the growing need. Director Jacques Jiha acknowledges …

2:40:06

131 sec

Q&A

Asylum seeker work authorization applications and OASO funding

Council Member Diana I. Ayala inquires about the future of the Office of Asylum Seeker Operations (OASO) funding and staffing, given the lack of allocation in the executive budget beyond …

2:42:17

150 sec

Q&A

Emergency room expansions at Metropolitan and Elmhurst Hospitals

Council Member Diana I. Ayala discusses the urgent need for emergency room expansions at Metropolitan and Elmhurst Hospitals, highlighting the poor conditions and overcrowding at Metropolitan Hospital in her district. …

2:44:48

122 sec

REMARKS

Funding request for Esplanade renovation project

Council Member Diana I. Ayala makes a final request regarding the Esplanade renovation project in East Harlem. She highlights the progress made so far and identifies a gap in the …

2:46:50

57 sec

Q&A

Q&A on MOX service desk hiring and funding

Council Member Justin Brannan inquires about the funding and hiring for the MOX service desk. Director Jacques Jiha confirms that MOX has approval to hire for all vacant positions and …

2:47:49

64 sec

Q&A

Q&A on hiring freeze and vacancy rates

Council Member Brannan inquires about vacancy rates, hiring freeze, and related budget impacts. Director Jiha agrees to provide specific information on these topics at a later time. - OMB tracks …

2:48:53

58 sec

Q&A

Q&A on DSNY bid containerization requirement

Council Member Brannan inquires about the cost analysis and potential impact of the DSNY bid containerization requirement. Director Jiha indicates ongoing work with BIDs and a commitment to collaborate with …

2:49:52

73 sec

Q&A

Q&A on NYC bin reimbursement requirement

Council Member Brannan inquires about the implementation and funding of Intro 1126-A, which requires DSNY to provide or reimburse for official NYC waste bins. Director Jiha discusses the current bin …

2:51:06

105 sec

REMARKS

Concluding remarks and acknowledgments

Council Member Brannan and Director Jiha exchange final remarks, concluding the hearing and expressing appreciation for their collaboration. - Council Member Brannan indicates he has no further questions - Both …

2:52:54

10 sec

REMARKS

Council Member Brannan opens the final day of budget hearings

Council Member Justin Brannan, chair of the committee on finance, opens the thirteenth and final day of hearings on the FY 2026 executive budget. He welcomes attendees, including Controller Lander, …

3:29:24

67 sec

AGENCY TESTIMONY

Introduction and context of Comptroller's testimony

NYC Comptroller Brad Lander begins his testimony by thanking the chair and council members for the opportunity to speak. He mentions coming from the City College commencement, expressing optimism about …

3:30:50

37 sec

AGENCY TESTIMONY

Economic outlook and budget concerns

Comptroller Lander emphasizes the urgent need for strong fiscal management in New York City, citing various economic challenges and uncertainties. - The city faces potential budget deficits and larger out-year …

3:31:27

126 sec

AGENCY TESTIMONY

Federal policy risks and potential funding cuts

Comptroller Lander outlines the significant risks posed by potential federal policy changes and funding cuts to New York City's budget and services. - He mentions the Trump administration's actions creating …

3:33:33

3 min

AGENCY TESTIMONY

Economic scenarios and revenue forecasts

Comptroller Lander presents two economic scenarios and corresponding revenue forecasts prepared by his office. - In the no-recession scenario, city revenues are projected to exceed OMB's estimates - In a …

3:36:49

46 sec

AGENCY TESTIMONY

Immigration issues and legal services funding

Comptroller Lander criticizes the mayor's approach to immigration and calls for increased funding for legal services and support for immigrant New Yorkers. - He cites the case of Dillon, a …

3:37:36

3 min

AGENCY TESTIMONY

Education funding concerns for 3-K and Pre-K programs

Comptroller Lander highlights concerns about insufficient funding for Department of Education programs, particularly 3-K and Pre-K. - He estimates that more than $150 million additional funding is needed annually in …

3:41:11

68 sec

AGENCY TESTIMONY

Childcare voucher funding challenges

Comptroller Lander addresses the significant funding challenges for childcare vouchers resulting from changes in the state budget and poor planning. - The state budget has left a funding gap for …

3:42:19

113 sec

Q&A

Discussion on federal policy changes and potential economic impacts on NYC

Council Member Brannan inquires about the Comptroller's office's report on Trump's tariffs and potential economic scenarios for the city. The Comptroller and his staff discuss the uncertainty surrounding federal policy …

3:44:15

135 sec

Q&A

Examination of NYC's financial reserves and their impact on bond ratings

Council Member Brannan and the Comptroller's office discuss the city's financial reserves, their projected levels, and the potential impact on bond ratings. They explore how increased reserves might lead to …

3:46:31

3 min

Q&A

Analysis of Manhattan office vacancy rates and potential residential conversions

Council Member Brannan and the Comptroller's office discuss the high vacancy rates in Manhattan's Class A office space and the progress on office to residential conversions. They explore the potential …

3:50:11

3 min

Q&A

Comptroller's response to mayor's surprise Bitcoin-backed bonds proposal

Council Member Brannan inquires about the mayor's unexpected announcement of Bitcoin-backed bonds made during a crypto event in Las Vegas. Comptroller Lander expresses surprise and strong opposition to the idea. …

3:53:22

151 sec

Q&A

Discussion on funding for city oversight agencies

Council Member Gale A. Brewer inquires about funding for various oversight agencies in New York City, expressing concern about insufficient staffing for investigators and attorneys. Comptroller Brad Lander responds by …

3:56:02

136 sec

Q&A

Discussion on uncollected city revenue and outstanding payments

Council Member Gale A. Brewer inquires about $2.1 billion in uncollected city revenue. Francesco Brindisi, Executive Deputy Controller for Budget and Finance, explains the components of this uncollected amount and …

3:58:18

3 min

Q&A

Addressing city-wide vacancy issues and hiring challenges

Council Member Gale A. Brewer inquires about ongoing vacancy issues across city agencies. Comptroller Brad Lander discusses the tools and processes in place to monitor and address these vacancies. - …

4:01:22

66 sec

Q&A

NYPD staffing shortages, overtime costs, and recruitment strategies

Comptroller Brad Lander discusses NYPD staffing shortages, their impact on overtime costs, and potential strategies to improve recruitment. Council Member Gale A. Brewer adds information about recent changes in recruitment …

4:02:29

105 sec

Q&A

Explanation of 3-K and Pre-K budget shortfall for FY 2026

Council Member Justin Brannan asks about the Comptroller's statement regarding a $150 million shortfall for 3-K in the FY 2026 budget. Deputy Comptroller Krista Olson explains the reasoning behind this …

4:04:16

51 sec

REMARKS

Council Member Brannan introduces the final day of executive budget hearings

Council Member Justin Brannan, chair of the committee on finance, opens the thirteenth and final day of executive budget hearings. He welcomes Commissioner Preston Niblack and team, outlines the focus …

4:23:57

51 sec

AGENCY TESTIMONY

NYC Department of Finance Commissioner Preston Niblack's testimony on FY 2026 executive budget

Commissioner Preston Niblack of the New York City Department of Finance presents updates on recent activities and discusses the agency's executive budget for fiscal year 2026. He highlights progress on …

4:25:12

6 min

Q&A

Council Member Brannan questions Commissioner Niblack on budget allocations for system upgrades

Council Member Justin Brannan inquires about new budget allocations for upgrades to the summons tracking account receivable system (STARS) and pay increases for city tax auditors. Commissioner Preston Niblack explains …

4:31:29

150 sec

Q&A

Council Member Brannan questions Commissioner Niblack on auditor pay, retention, and tax enforcement

Council Member Justin Brannan engages in a Q&A session with Commissioner Preston Niblack of the New York City Department of Finance, focusing on auditor pay adjustments, retention rates, and the …

4:34:04

4 min

Q&A

Council member Brannan questions Department of Finance on tax enforcement and marijuana shop inspections

Council Member Justin Brannan questions Commissioner Preston Niblack and other officials from the Department of Finance about the Office of Tax Enforcement's budget, staffing, and involvement in marijuana shop inspections. …

4:38:17

4 min

Q&A

Council Member Brannan inquires about increased tax audit revenue projections

Council Member Justin Brannan asks Commissioner Preston Niblack of the Department of Finance about the impact of a projected increase in tax audit revenue. The projection was based on hiring …

4:42:25

68 sec

Q&A

Council Member Brannan questions Department of Finance on co-op and condo abatement revenue collection

Council Member Justin Brannan questions Department of Finance officials about revenue collection from removing ineligible co-op and condo abatement recipients. The officials provide details on collection targets, actual revenues, and …

4:43:35

3 min

Q&A

Council Member Brannan questions Commissioner Niblack on lien sales and bit bonds

Council Member Justin Brannan questions Department of Finance Commissioner Preston Niblack about the recent lien sale, including the reduction in properties at risk and the handling of potential errors. The …

4:46:39

3 min

Q&A

Council Member Williams questions Commissioner Niblack on property tax reform

Council Member Nantasha M. Williams engages in a discussion with Commissioner Preston Niblack of the NYC Department of Finance about property tax reform. They explore the city's ability to make …

4:50:45

159 sec

Q&A

Council member Williams questions Department of Finance on fine assessments and data collection practices

Council Member Nantasha M. Williams inquires about the Department of Finance's practices regarding fine assessments and data collection, particularly focusing on potential disparities among different communities. Commissioner Preston Niblack and …

4:53:24

4 min

Q&A

Council Member Brewer inquires about SCRIE and DRIE programs

Council Member Gale A. Brewer thanks Rita Jen for discussing SCRIE and DRIE programs and inquires about potential changes in Albany regarding CPI, SCRIE, and DRIE. She asks if the …

4:59:04

24 sec

Q&A

Discussion on red light and speed cameras effectiveness and revenue

Council Member Brewer inquires about the effectiveness and revenue generation of red light and speed cameras in New York City. Commissioner Niblack provides insights on the data collection and impact …

4:59:28

44 sec

Q&A

Challenges with ghost plates and out-of-state license enforcement

Council Member Brewer raises concerns about ghost plates, out-of-state licenses, and related enforcement issues. Commissioner Niblack discusses the challenges in addressing these problems and some measures being taken. - Ghost …

5:00:12

3 min

Q&A

Strategies for collecting unpaid taxes and fines in New York City

Council Member Brewer inquires about strategies to collect the $2.1 billion in unpaid taxes and fines. Commissioner Niblack explains the challenges and processes involved in debt collection. - Major challenges …

5:03:32

154 sec

REMARKS

Council Member Brannan's opening remarks for final FY 2026 budget hearing

Council Member Justin Brannan opens the final portion of the FY 2026 budget hearings, welcoming the Independent Budget Office team and outlining the focus of his upcoming questions. He reminds …

5:21:49

62 sec

AGENCY TESTIMONY

Introduction and unusual circumstances surrounding the budget

Louisa Chafee, Director of the Independent Budget Office, introduces the context for their budget report. She highlights the unusual circumstances affecting the budget process, including federal-level turmoil, the absence of …

5:23:37

64 sec

AGENCY TESTIMONY

IBO's budget forecasts and projected gaps

The Independent Budget Office presents its forecast for tax revenues and expenditures, highlighting projected surpluses and budget gaps for the coming years. - Forecasts tax revenues of $79.7 billion in …

5:24:41

54 sec

AGENCY TESTIMONY

Recommendations for allocating current year surplus

The IBO suggests options for allocating the current year surplus and emphasizes the importance of building reserves. - Recommends considering two options: prepaying next year's expenses or placing funds into …

5:25:40

65 sec

AGENCY TESTIMONY

New York City's dependence on federal and state funding

The IBO highlights the significant portion of New York City's budget that comes from federal and state funding, emphasizing the city's vulnerability to changes in these funding sources. - Federal …

5:26:45

72 sec

AGENCY TESTIMONY

Potential impact of federal funding cuts on New York City residents

The IBO expresses concern about proposed federal funding cuts and their potential impact on New York City residents, particularly in areas such as healthcare and food assistance. - Highlights potential …

5:27:57

98 sec

AGENCY TESTIMONY

IBO's key takeaways and concerns about the executive budget

The IBO emphasizes three main takeaways from their report, highlighting the need to increase the city's reserve funds and addressing concerns about budget practices. - Stresses the importance of increasing …

5:29:36

158 sec

Q&A

IBO's employment growth projections compared to OMB

Council Member Justin Brannan inquires about the Independent Budget Office's (IBO) employment growth projections, which are lower than those of the Office of Management and Budget (OMB). IBO representatives explain …

5:32:14

84 sec

Q&A

IBO's perspective on CDPAP changes and home healthcare job growth

Council Member Justin Brannan asks about the Independent Budget Office's (IBO) position on home healthcare employment and the impact of changes to the Consumer Directed Personal Assistance Program (CDPAP) management. …

5:33:39

31 sec

Q&A

Potential impact of proposed federal tax changes on NYC

Council Member Justin Brannan inquires about the Independent Budget Office's (IBO) analysis of proposed federal tax changes, particularly regarding pass-through entity taxes (PTET). - The proposed limitation on PTET would …

5:34:14

59 sec

Q&A

IBO's business tax revenue projections and economic indicators

Council Member Justin Brannan discusses the Independent Budget Office's (IBO) business tax revenue projections, which are lower than the administration's forecast. - IBO projects $190 million less in business tax …

5:35:13

70 sec

Q&A

IBO's identification of additional surplus FY24 resources

Council Member Justin Brannan asks the Independent Budget Office (IBO) to summarize areas where they have identified additional surplus FY24 resources that could be used for reserves or prepayment. - …

5:36:25

89 sec

Q&A

IBO's analysis on hiring freeze savings

Council Member Justin Brannan inquires whether the Independent Budget Office (IBO) has conducted any analysis on the savings from the city's hiring freeze. - IBO representatives indicate that they do …

5:37:56

14 sec

Q&A

IBO's assessment of major state budget risks to NYC

Council Member Justin Brannan asks the Independent Budget Office (IBO) about the areas within the state budget that pose the biggest risks to New York City's budget. - IBO identifies …

5:38:11

75 sec

Q&A

IBO's stance on the mayor's bitcoin bond proposal

Council Member Justin Brannan inquires about the Independent Budget Office's (IBO) opinion on the mayor's bitcoin bond idea and whether New York City should invest in cryptocurrency. - IBO representatives …

5:39:27

23 sec

Q&A

Council Member Brewer questions IBO on budget analysis and potential impacts

Council Member Gale A. Brewer engages in a Q&A session with representatives from the Independent Budget Office (IBO), focusing on various aspects of New York City's budget and potential impacts …

5:39:50

4 min

Q&A

Discussion on budget equity and revenue generation across NYC demographics

Council Member Nantasha M. Williams inquires about assessing revenue generation and spending based on demographics and geographical locations in New York City. IBO Director Louisa Chafee acknowledges they haven't examined …

5:44:01

89 sec

Q&A

Importance of reserve funds and addressing conflicting views

Council Member Williams seeks clarification on the importance of reserve funds, referencing conflicting statements from OMB and IBO. IBO Director Chafee explains their recommendation to add money to reserves is …

5:45:29

3 min

Q&A

Determining the appropriate size for NYC's reserve funds

Council Member Williams inquires about the appropriate size for NYC's reserve funds. IBO Director Chafee discusses various metrics and calculations to consider, emphasizing that there's no definitive answer but 'more …

5:49:02

99 sec

Q&A

When to use NYC's reserve funds

Council Member Williams asks about the appropriate time to draw down from the reserve fund. IBO Director Chafee provides a succinct metaphorical answer. - Chafee states that reserves should be …

5:50:42

9 sec

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