Int 1503-2025 · BillLocal Law 2026/049
A Local Law to amend the New York city charter, in relation to the submission of the preliminary mayor’s management report, and in relation to the date of submission by the mayor of the preliminary certificate regarding debt and reserves and appropriations and expenditures for capital projects, the date of submission by the mayor of the preliminary budget, the date of publication by the director of the independent budget office of a report on revenues and expenditures, the date of submission by the community boards of statements in regard to the preliminary budget, the date of submission by the commissioner of finance of an estimate of the assessed valuation of real property and statement of real property taxes due, expected to be received, and uncollected, the date of submission by the mayor of a tax benefit report, the date of submission by the borough boards of statements on budget priorities, the date of submission by the borough presidents of proposed modifications of the preliminary budget, the date of publication by the director of the independent budget office of a report analyzing the preliminary budget, and the date of submission by the campaign finance board of estimates of the financial needs of the campaign finance board, relating to the fiscal year two thousand twenty-seven
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Introduced
Reported from Committee
Passed CouncilPassed
Local Law
Cosponsors
2
Introduced
Dec 17, 2025
Summary
This bill would permanently extend the deadline for submission of the PMMR in years following the election of a mayor in light of the adoption of the ballot proposal of the Mayor’s 2024 Charter Revision Commission that extended the deadline for submission of the preliminary budget in years following the election of the Mayor. The bill would also extend other preliminary budget deadlines pertaining to the preparation of the Fiscal Year 2027 budget.
Official summary of legislation · NYC Council
Legislative history
Last action
Dec 17, 2025