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Q&A
Discussion on NYC Aging's capital funding needs
2:17:20
·
131 sec
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 not aware of specific capital needs for NYC Aging. Hudson expresses concern about the small capital budget given the growing older adult population.
- Jiha mentions additions of $81 million for cliffs, $21 million for PEG restoration, and $20 million for indirect rates.
- Jiha acknowledges that he's not aware of specific capital needs for NYC Aging and commits to discussing this with the commissioner.
- Hudson emphasizes the small size of the capital budget and questions whether it's sufficient given the growing older adult population.
Crystal Hudson
2:17:20
Was any capital funding added in the executive commitment plan to support NYC Aging's capital needs, especially at older adult centers?
Jacques Jiha
2:17:29
As you know, in this plan, we added $81,000,000 to deal with the cliffs, And we also added almost $21,000,000 for the restoration of the peg that we have.
2:17:46
In addition, we added almost $20,000,000 to address the indirect rate.
Crystal Hudson
2:17:52
Sorry, 20,000,000 for what?
Jacques Jiha
2:17:54
The indirect rate needed by providers.
2:18:04
Issue about capital needs for ZIFTA has not been brought to my attention and I will work with the commissioner to find out exactly what this is.
2:18:17
But you know, I'm not sure.
2:18:21
Okay.
2:18:22
So I would get back to you after I talk to her to find out exactly what the needs are.
Crystal Hudson
2:18:27
Okay.
2:18:27
So it sounds like they didn't specifically request any additional capital funding.
Jacques Jiha
2:18:31
As far as I know, I don't know about the staff.
Crystal Hudson
2:18:33
Okay.
2:18:34
Do you believe that the current level of capital funding is sufficient given the growing older adult population and the extensive provider network NYC Aging manages?
Jacques Jiha
2:18:45
Again, if I don't see the need, if they if they don't discuss the needs with us, you know, they have to come to us with needs and discuss them, but I have not seen something that's more like on the expense side.
2:18:57
Capital budget is very small.
Crystal Hudson
2:18:58
It is.
2:18:59
Okay.
2:18:59
That's my point.
Jacques Jiha
2:19:00
And yeah, it's very small.
2:19:02
But, you know, the the expense budget, we try to, as best as we can, to take care of all their needs.
Crystal Hudson
2:19:10
Yeah.
2:19:10
And listen.
2:19:12
As I you.
2:19:13
That money is great.
2:19:15
I don't want you to touch that money.
2:19:16
I wanted to just address you.
2:19:19
Address the
Jacques Jiha
2:19:20
care of it.
Crystal Hudson
2:19:20
The capital needs.
2:19:21
Yeah.
2:19:21
I do appreciate that.
Jacques Jiha
2:19:22
Yeah.
Crystal Hudson
2:19:23
And even when we're we're given a lot, there's always more needed, especially given the population increase that we're expecting in the next fifteen years.