June 2020 Adopted Budget, Fiscal Year 2021 - Submission of the Modification to the Financial Plan for the City and Covered Organizations by the City to the Financial Control Board pursuant to Section 8.3 of the Financial Emergency Act.
The City Charter requires that the Office of Management and Budget (OMB) publish documentation of forecasting methodologies used for projecting tax revenues for those taxes which account for five percent or more of total City tax revenues.
This is to reexamine internal processes and policies, use resources efficiently, and re-estimate expenses, all without sacrificing service delivery to New York City residents
June 2020 Adopted Budget, Fiscal Year 2021 - Provides additional Resolution and detailed information about the changes to the Executive Capital Budget as resolved by the City Council pursuant to Section 254 of the NYC Charter.