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Committee on Finance

Committee on Finance

  • With Trump Presidency Looming, City Officials Reevaluate Financial Picture

    ferreas copeland presser nyccouncil

    Council Member Ferreras-Copeland (photo: @NYCCouncil)


    The potential repercussions of President-elect Donald Trump’s policies on New York City’s budget loomed over a Wednesday City Council hearing. The Council’s Committee on Finance met for oversight on the de Blasio administration’s November Financial Plan Update, which shows a projected increase in spending of $1.3 billion this fiscal year, as well as additional savings being set aside by the city.

    On Wednesday at City Hall, Council members led by finance Chair Julissa

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  • The Week Ahead in New York Politics, March 21

    New York City Hall

    New York City Hall


    What to watch for this week in New York politics:

    This week will be another busy one when it comes to budgets: the City Council continues its preliminary budget hearings and state budget negotiations enter their final ten days - a state budget is due by April 1 and some say a deal could be announced before the end of this week. Don't count on it, though, state budgets usually come in just before (or, as was the case last year, just after) the March 31 midnight

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  • At First Council Budget Hearing, Concerns Over City Savings and State Cuts

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    CM Ferreras-Copeland & Dean Fuleihan of OMB (photo via Ferreras-Copeland's office) 


    Proposed cuts in state funding to New York City loomed large over the first of many City Council budget hearings on Mayor Bill de Blasio’s $82 billion preliminary budget. At Tuesday’s hearing, the Council’s Committee on Finance heard testimony from several de Blasio administration officials, Comptroller Scott Stringer, and independent budget watchdogs.

    Throughout

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  • The Week Ahead in New York Politics, November 23

    New York City Hall

    New York City Hall


    What to watch for this week in New York politics:

    Thanksgiving week will see just a few days of political activity, but the beginning of the week is looking busy. Highlights include closing arguments in Sheldon Silver's corruption trial; the continuation of Dean Skelos' corruption trial; the release of the Public Advocate's "worst landlord list"; several City Council hearings and a full-body "Stated Meeting"; two public meetings of the city's ...

  • The Week Ahead in New York Politics, October 19

    New York City Hall

    New York City Hall


    What to watch for this week in New York politics:

    Mayor Bill de Blasio was in Israel over the weekend, where he spoke at the Annual Conference of Mayors, met with Israeli Prime Minister Benjamin Netanyahu, visited recent terror attack victims, and made several other stops, including at the Western Wall and at a school educating a diverse student population. De Blasio spoke against a new wave of anti-Semitism and ...

  • The Week Ahead in New York Politics, October 5

    New York City Hall

    New York City Hall


    What to watch for this week in New York politics:

    This week will include a focus on what the city can do to stop gas-related explosions after another such explosion occurred this weekend, this time in Borough Park; education politics and policy, as the pro-charter, anti-de Blasio group Families for Excellent Schools will hold a large rally; a continuation of negotiation and criticism between city and state entities over MTA funding; and more.

    Oh, and it's the

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