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Council Member Brannan's opening remarks for final FY 2026 budget hearing
5:21:49
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62 sec
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 attendees about the process for submitting written testimony and introduces the next steps in the hearing.
- Brannan identifies himself as the chair of the committee on finance
- He mentions key topics for discussion, including employment growth, federal tax changes, and budget risks
- The councilmember notes that only written testimony is being accepted for this hearing
Justin Brannan
5:21:49
Good afternoon and welcome to the final portion of FY twenty six budget hearings, day 13.
5:21:56
Councilmember Brannen, I chair the committee on finance.
5:21:59
Welcome to Director Chaffee and your team.
5:22:02
Thank you for joining us today from the independent New York City Independent Budget Office.
5:22:07
My questions will largely focus on IBO's analysis of our employment growth, the home health care employment, federal tax changes, business tax forecasts, our reserves and state budget risks.
5:22:19
Just a reminder, we're only accepting written testimony today.
5:22:23
After IBO testifies and we ask questions, we will be concluding this hearing.
5:22:28
So if you wish to submit written testimony for the record, can email it to testimonycouncil.
5:22:34
Nyc dot gov.
5:22:35
And you could do that any time up to seventy two hours after the conclusion of today's hearing.
5:22:41
I'm now going to turn around.
5:22:42
We're joined still by council members Brewer and Williams.
5:22:45
Thank you for hanging in there with us.
5:22:47
We'll now turn it over to committee counsel Brian Sarfo to swear you in and we can get started.