Revenue projections are raised by improvements in economic prospects – provide opportunity to make different budget decisions, even as expected lower growth and questions of unbudgeted expenses remain 

City Hall, NY – Today, the New York City Council released its February 2024 Economic and Tax Revenue Forecast, ahead of its hearings on the Mayor’s Fiscal Year (FY) 2025 Preliminary Budget, that estimates the City will receive $3.3 billion more in tax revenues for FYs 2024 and 2025 than projected by the Mayor’s Office of Budget and Management (OMB).

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Council also voted to pass legislation to simplify requirements for street vendors as first set of bills based on Street Vendor Advisory Board report recommendations

City Hall – Today, the New York City Council voted to pass legislation that would increase e-bike regulations in the interest of improved safety. Over the past few years, as e-bikes, e-scooters and powered mobility devices have become more prevalent, the City has experienced a rapid increase in lithium-ion battery related fires in both residential and commercial properties that not only destroy property but result in injuries and fatalities.

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“New Yorkers deserve an equitable budget that prioritizes the health and safety of our communities. We are relieved that Mayor Adams and his Administration have heeded the calls and advocacy of the Council and New Yorkers who have sought a better approach to our city’s budget that protects essential services our constituents rely on. As the Council’s economists forecasted, New York City’s economy has proven durable and resilient, and blunt cuts that had a disproportionately negative impact on vital programs were never necessary.

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City Hall, NY – Today, the New York City Council filed a motion with the Supreme Court of the State of New York to intervene in the class action lawsuit by several low-income New Yorkers against Mayor Adams for his administration’s failure to implement enacted laws to reform the City Fighting Homelessness and Eviction Prevention Supplement (CityFHEPS) program.

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Council also passed bills that support survivors of domestic violence and the city’s elderly population

City Hall, NY – Today, the New York City Council passed legislation that aims to improve health and extend life expectancy for all New Yorkers by requiring the Department of Health and Mental Hygiene to develop a 5-year population health agenda that improves public health outcomes, addresses health disparities, and improves quality of and access to health care for New Yorkers.

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Albany, NY – Today, New York City Council Speaker Adrienne E. Adams delivered testimony at the New York State Joint Legislative Public Hearing on the Executive Budget for State Fiscal Year 2025. Speaker Adams’ testimony focuses on state support for affordable housing, social services, NYCHA, Pre-K and 3-K early childhood programs, education, physical and mental healthcare, and local control over tax expenditures.

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City Hall, NY – Today, the New York City Council voted to override Mayor Adams’ vetoes on Introduction 586-A and Introduction 549-A, with a vote of 42-9.

“Today, the Council answered decades-long calls from communities most impacted by police stops and the harmful legacy of stop-and-frisk, to deliver much-needed transparency to policing and advance true public safety for New Yorkers,” said Speaker Adrienne Adams.

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“I’m shocked and utterly devastated by the sudden passing of former Council Member Paul Vallone. Paul was a beloved colleague and a well-respected leader in Queens. I have many fond memories of our time serving together in the Council from 2017 to 2021. A dedicated public servant, Paul continued to give back to our city as the Deputy Commissioner of the New York City Department of Veterans Services.

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“We should all be united in advancing our city by recognizing the harmful legacies of injustice that undermine the health and safety of our city and its neighborhoods. The Council has no interest in prolonging a conversation that has been made unnecessarily toxic by the spreading of fear and misinformation, and we plan to override the mayor’s recent vetoes on Tuesday.

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“New Yorkers deserve an economy and a city government that works for everyone. While we have made progress in recovering from the pandemic, there remains significant work to confront the longstanding inequities that continue in our communities with an unequal recovery. Mayor Adams’ proposals to reopen access to NYCHA Section 8 vouchers, build more housing, advance opportunities for women, and solutions to make our streets safer are important, and the Council looks forward to working collaboratively on these critical issues.

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