BP Reynoso's Budget Priorities for FY 2024 including but not limited to housing for asylum seekers and the unhoused, continuing efforts to close Rikers, restoring and expanding education funding, fully funding Summer Rising & SYEP, supporting CUNY, etc.
Section 245 of the New York City Charter requires the Borough President to submit to the Mayor and Council a response to the Mayor’s preliminary budget. In accordance with this section, the Manhattan Borough President submits the following statement.
This is the Queens Borough Board FY 2024 Preliminary Budget Response. It contains recommendations for the Mayor's Preliminary Budget for the upcoming Fiscal Year 2024.
This is the Queens Borough President FY 2024 Preliminary Budget Response. It contains recommendations for the Mayor's Preliminary Budget for the upcoming Fiscal Year 2024.
This PDF contains the Council's 2023 State Budget Priority Agenda which seek to help ensure that New York City receive equitable and necessary support from a finalized State Fiscal Year 2024 Budget.
This PDF file contains New York City Council's Response to the Fiscal 2024 Preliminary Budget and Fiscal 2023 Preliminary Mayor's Management Report (PMMR) as required by the New York City Charter section 247 (b) and 12 (e).
The City of New York is at a pivotal fiscal moment. Tax revenues for the current fiscal year are coming in far above projections, yielding a substantial surplus; however, neither the Mayor’s Office nor the Comptroller’s Office expect this trend to continue.
The Preliminary Budget closes the $2.88 billion budget gap projected in November, on the strength of an expected $2.77 billion surplus in FY 2022, derived primarily from $1.60 billion in additional tax revenues and savings of $866 million from the Program to Eliminate the Gap (PEG).
New York City’s economy faces perhaps some more difficult challenges than the nation at large, as the city’s highest paying sectors have been undergoing some job-reducing restructuring over the past year