Committee on Finance
CommitteeQuick Facts
- Members
- 17
- Chair
- Linda Lee(Democrat)
- Subcommittees
- 0
- Legislation referred
- 20
Members (17)
- LLLinda LeeDemocratChair
- SAShaun AbreuDemocrat
- SAShirley AldebolDemocrat
- AAAlexa AvilésDemocrat
- SBSelvena N. Brooks-PowersDemocrat
- OFOswald J. FelizDemocrat
- JGJames F. GennaroDemocrat
- CHCrystal HudsonDemocrat
- VMVirginia MaloneyDemocrat
- CMChristopher MarteDemocrat
- DMDarlene MealyDemocrat
- FMFrank MoranoRepublican
- MNMercedes NarcisseDemocrat
- LRLincoln RestlerDemocrat
- JSJustin E. SanchezDemocrat
- NWNantasha M. WilliamsDemocrat
- PWPhil WongDemocrat
Legislation under review (20)
Resolution approving the new designation and changes in the designation of certain organizations to receive funding in the Expense Budget
Last action: Introduced by Council
A Local Law to amend the administrative code of the city of New York, in relation to decreasing the credit against the city personal income tax on residents for such residents’ share of city unincorporated business tax paid by partnerships in which such residents are partners or businesses of which such residents are proprietors
Last action: Introduced by Council
Oversight - Financial Tools for Maintaining the Affordability of Mitchell-Lama Housing.
Last action: Hearing Held by Committee
RESOLUTION TO ADOPT A BUDGET APPROPRIATING THE AMOUNTS NECESSARY FOR THE SUPPORT OF THE GOVERNMENT OF THE CITY OF NEW YORK AND THE COUNTIES THEREIN AND FOR THE PAYMENT OF INDEBTEDNESS THEREOF, FOR THE FISCAL YEAR BEGINNING ON JULY 1, 2026, AND ENDING ON JUNE 30, 2027, IN ACCORDANCE WITH THE PROVISIONS OF THE NEW YORK CITY CHARTER
Last action: Hearing on P-C Item by Comm
RESOLUTION TO ADOPT A CONTRACT BUDGET SETTING FORTH, BY AGENCY, CATEGORIES OF CONTRACTUAL SERVICES FOR WHICH APPROPRIATIONS HAD BEEN PROPOSED FOR THE FISCAL YEAR BEGINNING ON JULY 1, 2026, AND ENDING ON JUNE 30, 2027, IN ACCORDANCE WITH THE PROVISIONS OF THE NEW YORK CITY CHARTER
Last action: Introduced by Council
RESOLUTION BY THE NEW YORK CITY COUNCIL PURSUANT TO SECTION 254 OF THE NEW YORK CITY CHARTER, THAT THE CAPITAL BUDGET FOR FISCAL YEAR 2027 AND CAPITAL PROGRAM, BEING THE EXECUTIVE CAPITAL BUDGET FOR FISCAL YEAR 2027 AND PROGRAM AS SUBMITTED BY THE MAYOR AND BY THE BOROUGH PRESIDENTS PURSUANT TO SECTION 249 OF THE NEW YORK CITY CHARTER, INCLUDING RESCINDMENT OF AMOUNTS FROM PRIOR CAPITAL BUDGETS, BE AND THE SAME ARE HEREBY APPROVED IN ACCORDANCE WITH THE FOLLOWING SCHEDULE OF CHANGES (RESOLUTION A)
Last action: Introduced by Council
RESOLUTION BY THE NEW YORK CITY COUNCIL PURSUANT TO SECTION 254 OF THE NEW YORK CITY CHARTER, THAT THE CAPITAL BUDGET FOR FISCAL YEAR 2027 AND CAPITAL PROGRAM FOR THE ENSUING THREE YEARS, AS SET FORTH IN THE EXECUTIVE CAPITAL BUDGET FOR THE FISCAL YEAR 2027 AND CAPITAL PROGRAM AS SUBMITTED BY THE MAYOR AS AUGMENTED BY THE BOROUGH PRESIDENTS PURSUANT TO SECTION 249 OF THE NEW YORK CITY CHARTER, AND AMENDED BY THE SCHEDULE OF CHANGES APPROVED UNDER RESOLUTION A, INCLUDING AMOUNTS REALLOCATED BY THE RESCINDMENT OF AMOUNTS FROM PRIOR CAPITAL BUDGET APPROPRIATIONS, IS HEREBY ADOPTED IN THE TOTAL AMOUNTS AS FOLLOWS (RESOLUTION B)
Last action: Introduced by Council
Resolution approving The City Fiscal Year 2027 Community Development Program, Reallocation of Fifty-Second Year Community Development Funds, and the Proposed Fifty-Third Year Community Development Program
Last action: Introduced by Council
Resolution to establish that the interest rate be two and one half percent per annum for Fiscal Year 2027 for certain properties for which the owner has entered into an installment payment agreement with the department of finance for payment of delinquent property taxes, assessments, or other charges
Last action: Introduced by Council
Resolution to establish that the interest rate be sixteen percent per annum for Fiscal Year 2027 for non-payment of taxes on properties with an assessed value of more than $450,000, or more than $450,000 per residential unit for cooperative apartments
Last action: Introduced by Council
Resolution to establish that the interest rate be nine percent per annum for Fiscal Year 2027 for non-payment of taxes on properties with an assessed value of more than $250,000 but less than or equal to $450,000, or more than $250,000 but less than or equal to $450,000 per residential unit for cooperative apartments
Last action: Introduced by Council
Resolution to establish that the interest rate be six percent per annum for Fiscal Year 2027 for non-payment of taxes on properties with an assessed value of not more than $250,000, or not more than $250,000 per residential unit for cooperative apartments
Last action: Introduced by Council
Resolution approving the new designation and changes in the designation of certain organizations to receive funding in the Expense Budget
Last action: Introduced by Council
Report of the Committee on Finance in favor of approving a resolution of the Council of the City of New York fixing the tax rate for the Fiscal Year 2027, adopted June 30, 2026 upon the recommendation of the Committee on Finance of the Council.
Last action: Introduced by Council
RESOLUTION COMPUTING AND CERTIFYING ADJUSTED BASE PROPORTION OF EACH CLASS OF REAL PROPERTY FOR FISCAL 2027 TO THE STATE BOARD OF REAL PROPERTY TAX SERVICES PURSUANT TO SECTION 1803-a OF THE REAL PROPERTY TAX LAW
Last action: Introduced by Council
RESOLUTION COMPUTING AND CERTIFYING BASE PERCENTAGE, CURRENT PERCENTAGE AND CURRENT BASE PROPORTION OF EACH CLASS OF REAL PROPERTY FOR FISCAL 2027 TO THE STATE BOARD OF REAL PROPERTY TAX SERVICES PURSUANT TO SECTION 1803-a OF THE REAL PROPERTY TAX LAW
Last action: Introduced by Council
RESOLUTION TO PROVIDE THE AMOUNTS NECESSARY FOR THE SUPPORT OF THE GOVERNMENT OF THE CITY OF NEW YORK AND THE COUNTIES THEREIN AND FOR THE PAYMENT OF INDEBTEDNESS THEREOF, FOR THE FISCAL YEAR BEGINNING ON JULY 1, 2026 AND ENDING ON JUNE 30, 2027, BY THE LEVY OF TAXES ON THE REAL PROPERTY IN THE CITY OF NEW YORK, IN ACCORDANCE WITH THE PROVISIONS OF THE CONSTITUTION OF THE STATE OF NEW YORK, THE REAL PROPERTY TAX LAW AND THE NEW YORK CITY CHARTER
Last action: Introduced by Council
RESOLUTION APPROVING A MODIFICATION (MN-10) PURSUANT TO SECTION 107(e) OF THE CHARTER OF THE CITY OF NEW YORK
Last action: Introduced by Council
Communication from the Office of Management & Budget – Appropriation of new City revenues in Fiscal Year 2026 in the amount of $819.1 million, pursuant to Section 107(e) of the New York City Charter. (MN-10)
Last action: Introduced by Council
Communication from the Office of Management & Budget – Transfer City funds between various agencies in Fiscal 2026 to implement changes to the City’s expense budget, pursuant to Section 107(b) of the New York City Charter. (MN9).
Last action: Introduced by Council