Driven by stronger-than-expected collections in personal income and business taxes, stronger outlook enables City to fund major budget priorities for New Yorkers while bolstering reserves
NEW YORK, NY – The New York City Council on Tuesday released its June 2026 Economic and Tax Revenue Forecast, which estimates nearly $2 billion more in tax revenue for Fiscal Years (FY) 2026 and 2027 combined than projected by the Mayor’s Office of Management and Budget (OMB).
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Investigators found inflated prices, deceptive advertising of services, and illegal operations plague high-traffic tourist areas
NEW YORK, NY – Ahead of the 2026 FIFA World Cup and other high-profile events this summer, the New York City Council released the details of a new investigation into the practices of unlicensed taxis and rideshares, pedicab operators, and unauthorized ticket vendors operating in and around Battery Park, Midtown Manhattan, and Coney Island.
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NEW YORK, NY – Today, Speaker Julie Menin and the New York City Council announced the winning proposals for the Fiscal Year (FY) 2027 cycle of Participatory Budgeting (PB). During the voting period, which took place from April 11 through April 19, nearly 130,000 New Yorkers voted on how to allocate almost $25 million in capital funding for local improvements to schools, parks, libraries, and other public spaces across 22 Council Districts in New York City.
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Council also passes bill requiring installation of at least 5,000 bike parking stations over five years
CITY HALL, NY – Today, the New York City Council passed legislation to equip New Yorkers with information and resources to avoid scams related to Hajj and Umrah. Each year, millions of people around the world participate in Hajj, an annual pilgrimage to Mecca in Saudi Arabia that is required once in a lifetime by every Muslim who can afford and physically make it, and Umrah, a voluntary pilgrimage to Mecca that can be completed at any time of the year.
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“Congratulations to the members of the New York Hotel and Gaming Trades Council and to the hotel industry for reaching an agreement on a new contract for workers. After years of fighting for our city’s hotel workers, I know they’re some of the hardest-working individuals in New York, and they’re truly on the front lines of ensuring we remain a top tourist destination.
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Bills would expand access to dog waste bags, increase public education, and establish a composting pilot program
NEW YORK, NY – Today, New York City Council Speaker Julie Menin, Council Members, dog enthusiasts, and animal rights advocates rallied at the Tompkins Square Park Dog Run in support of the Safe and Clean Outdoor Ownership Practices (SCOOP) Act, a package of legislation aimed at improving community cleanliness, enhancing support for dog owners, and ensuring dog waste is picked up throughout all five boroughs.
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Council also votes to create new task force to study and make recommendations to improve NYC’s 988 system for New Yorkers in mental health crisis
CITY HALL, NY – Today, ahead of the 2026 FIFA World Cup, the New York City Council voted to pass a package of legislation to prepare New Yorkers and small businesses for the economic opportunities presented by the global tournament.
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Bills would ban grocery price increases within 24-hour period and prohibit businesses from using consumers’ personal data to set individual prices
NEW YORK, NY – Today, the New York City Council Speaker Julie Menin and Majority Leader Shaun Abreu will introduce two consumer protection bills aimed at restricting practices driven by emerging technology and data collection known as dynamic and surveillance pricing.
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New York, NY – Today, New York City Council Speaker Julie Menin and Council Member Linda Lee, Chair of the Committee on Finance, issued the following joint statement after meeting with Mayor Mamdani on the FY27 Executive Budget:
“We had a productive meeting with Mayor Mamdani on the Executive Budget, and we appreciate that the Administration has moved toward an approach championed by the Council that identifies savings and avoids raising property taxes or raiding reserves.
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“The City Council is in close communication with the City’s Department of Health and Mental Hygiene and other public health partners as one New York City resident, and two additional New York State residents, have been quarantined in Nebraska for monitoring following the hantavirus outbreak on the MV Hondius.
While these reports are concerning, the Health Department has assured New Yorkers that the risk to the public at this time remains extremely low.
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