File #: Res 0774-2015    Version: * Name: M 281 - APPROVING THE FISCAL YEAR 2016 COMMUNITY DEVELOPMENT PROGRAM, REALLOCATION OF FORTY FIRST YEAR COMMUNITY DEVELOPMENT FUNDS, AND THE PROPOSED FORTY SECOND YEAR COMMUNITY DEVELOPMENT PROGRAM.
Type: Resolution Status: Adopted
Committee: Committee on Finance
On agenda: 6/26/2015
Enactment date: Law number:
Title: Resolution approving The City Fiscal Year 2016 Community Development Program, Reallocation of Forty-First Year Community Development Funds, and the Proposed Forty-Second Year Community Development Program.
Sponsors: Julissa Ferreras-Copeland
Council Member Sponsors: 1
Attachments: 1. Committee Report, 2. Hearing Transcript - Finance 6-26-15, 3. June 26, 2015 - Stated Meeting Agenda with Links to Files, 4. Hearing Transcript of the Stated Meeting - June 26, 2015, 5. Minutes of the Stated Meeting - June 10, 2015, 6. Minutes of the Stated Meeting - Recessed Meeting of June 10, 2015 held on June 26, 2015, 7. Minutes of the Stated Meeting - June 26, 2015
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
6/26/2015*Julissa Ferreras-Copeland City Council Approved, by CouncilPass Action details Meeting details Not available
6/26/2015*Julissa Ferreras-Copeland Committee on Finance Hearing Held by Committee  Action details Meeting details Not available
6/26/2015*Julissa Ferreras-Copeland Committee on Finance Approved by CommitteePass Action details Meeting details Not available

Res. No. 774

 

Resolution approving The City Fiscal Year 2016 Community Development Program, Reallocation of Forty-First Year Community Development Funds, and the Proposed Forty-Second Year Community Development Program.

 

By Council Member Ferreras-Copeland

 

Whereas, The Office of Management and Budget has prepared a Proposed City Fiscal Year 2016 Community Development Program, a Proposed Reallocation of Forty-First Year Community Development Funds, and a Proposed Forty-Second Year Community Development Program; and

 

Whereas, The Proposed City Fiscal Year 2016 Community Development Program, Proposed Reallocation of Forty-First Year Community Development Funds and Proposed Forty-Second Year Community Development Program are provided to the City Council for review and consideration; and

 

Resolved, That the Council of the City of New York hereby agrees to the Proposed Community Development Program for City Fiscal Year 2016 in the amount of $224,863,000, which reflects an increase of $1,824,000 over the Executive Budget as submitted by the Mayor on May 7, 2015; and be it further

 

Resolved, That the Council of the City of New York hereby agrees to the Proposed Reallocation of Forty-First Year Community Development Funds in the amount of $222,879,000, which reflects an increase of $1,824,000 over the Proposed Forty-First Year Community Development Budget as submitted by the Mayor on May 7, 2015; and be it further

 

Resolved, That the Council of the City of New York hereby agrees to the Proposed Forty-Second Year Community Development Program as submitted by the Mayor on May 7, 2015, in the amount of $223,039,000; and be it further

 

Resolved, That the Council of the City of New York hereby shall have the opportunity to review the allocation as part of the City Fiscal Year 2016 budget adoption, of that portion of the Forty-First Community Development budget that will be scheduled to be spent in City Fiscal Year 2017 and not City Fiscal Year 2016.

 

 

TE6-23-15

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