File #:

M 0137-2025    Version: *

Name:

NYC Banking Commission - Transmitting recommendations of the interest rate to be charged for Fiscal Year 2026.

Type:

Communication

Status:

Received, Ordered, Printed and Filed

Committee:

Committee on Finance

On agenda:

5/28/2025

Enactment date:

Law number:

Title:

Communication from the New York City Banking Commission - Transmitting recommendations of the interest rate to be charged for Fiscal Year 2026 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 2026, pursuant to the City Charter.

Attachments:

1. New York City Banking Commission Letter, 2. FY'26 Interest Rate Recommendations Executive Summary, 3. FY'26 Interest Rate Recommendations Deck, 4. Discount Report for FY'25 as of 03.31.25, 5. Discount Rate Appendix for FY'25 as of 03.31.25, 6. Late Payments Report for FY'25 as of 03.31.25, 7. Late Payments Appendices Report for FY'25 as of 03.31.25, 8. May 28, 2025 - Stated Meeting Agenda