NYC Council releases budget response

Last week, the New York City Council released its Fiscal Year 2015 Budget Response. The response includes a multitude of council spending and policy priorities including several property tax reform proposals, post-Sandy recovery efforts, and a request to increase funding to the City Human Rights Commission.

The mayor is scheduled to present his Executive Budget by May 8, 2014. The council will then hold another round of agency hearings with the final budget to be passed by June 30, 2014. Click here to view a summary of the budget provisions of interest to NYSAR.