The one where the Council adopted a $112 billion budget and pitched homeowners an 'easy exit' from the tax lien sale
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items
55
approved
23
filed
10
other
1
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On June 30, 2024, Speaker Adrienne Adams gaveled in the FY2025 budget adoption: a $112B package with a record $2B in housing, $293M added, $58.3M for cultural affairs, and restored library, composting and Fair Fares funding. Sandy Nurse championed Int 0962-2024, an 'easy exit system for struggling homeowners' replacing the tax lien sale, thanking the Abolish the Tax Lien Sale Coalition, while Kalman Yeger and Joann Ariola broke off to oppose the interest-rate resolutions as 'bad public policy.' Member after member disclosed a relative tied to a budget-funded agency before voting aye. Alexa Avi
From the room
“New York City Department of Sanitation is funded in the budget that we are adopting, and that my child is associated with that entity.”
— Joann Ariola
“I wanna thank, Andrea Fastenburg at the law department for all her hard work on the property tax debt resolution bill”
— SPEAKER_45
Preconsidered m 55 and preconsidered rez 4 94 and preconsidered m 56 and preconsidered rez 4 95, budget modification.
“I wanna thank, Andrea Fastenburg at the law department for all her hard work on the property tax debt resolution bill.”
— Justin L. Brannan
01
The decisions
18
01Int 0962-2024INT 0962-2024Approved
A Local Law to amend the administrative code of the city of New York, in relation to the resolution and enforcement of property tax collection and preservation of housing for certain properties
Council members advanced this comprehensive overhaul of how the city collects unpaid property taxes, framing it as a tool to resolve and enforce tax debt while preserving housing on affected properties.
RESOLUTION COMPUTING AND CERTIFYING ADJUSTED BASE PROPORTION OF EACH CLASS OF REAL PROPERTY FOR FISCAL 2025 TO THE STATE BOARD OF REAL PROPERTY TAX SERVICES PURSUANT TO SECTION 1803-a OF THE REAL PROPERTY TAX LAW.
RESOLUTION COMPUTING AND CERTIFYING BASE PERCENTAGE, CURRENT PERCENTAGE AND CURRENT BASE PROPORTION OF EACH CLASS OF REAL PROPERTY FOR FISCAL 2025 TO THE STATE BOARD OF REAL PROPERTY TAX SERVICES PURSUANT TO SECTION 1803-a OF THE REAL PROPERTY TAX LAW.
Resolution to establish that the interest rate be two and one half percent per annum for Fiscal Year 2025 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.
Resolution to establish that the interest rate be nine percent per annum for Fiscal Year 2025 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.
Resolution to establish that the interest rate be six percent per annum for Fiscal Year 2025 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.
Resolution to establish that the interest rate be sixteen percent per annum for Fiscal Year 2025 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.
Communication from the Mayor - Submitting the Expense Revenue Contract Budget, for Fiscal Year 2025, pursuant to Section 249 of the New York City Charter.
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, 2024 AND ENDING ON JUNE 30, 2025 IN ACCORDANCE WITH THE PROVISIONS OF THE NEW YORK CITY CHARTER.
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, 2024 AND ENDING ON JUNE 30, 2025, IN ACCORDANCE WITH THE PROVISIONS OF THE NEW YORK CITY CHARTER.
Resolution approving The City Fiscal Year 2025 Community Development Program, Reallocation of Fiftieth Year Community Development Funds, and the Proposed Fifty-First Year Community Development Program.
16M 0057-2024Approved
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 2025, adopted June 30, 2024 upon the recommendation of the Committee on Finance of the 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, 2024 AND ENDING ON JUNE 30, 2025, 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.
Communication from the New York City Banking Commission - Transmitting recommendations of the interest rate to be charged for Fiscal Year 2025 for non-payment of taxes on real estate and for the discount rate to be allowed for early payment of real estate taxes for Fiscal Year 2025, pursuant to the City Charter.
Gale A. Brewer · Carlina Rivera · Amanda C. Farías · Adrienne E. Adams · Clerk / Sergeant-at-Arms (unnamed)
03
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Owner portfolios, open OATH/ECB violations, 311 & DOB permits across every parcel discussed, developer track records, and an “ask this meeting” chat.
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