New York City Council Header
File #: Res 1703-2021    Version: * Name: M 302 - Approving The City Fiscal Year 2022 Community Development Program, Reallocation of Forty-Seventh Year Community Development Funds, and the Proposed Forty-Eighth Year Community Development Program.
Type: Resolution Status: Adopted
Committee: Committee on Finance
On agenda: 6/30/2021
Enactment date: Law number:
Title: Resolution approving The City Fiscal Year 2022 Community Development Program, Reallocation of Forty-Seventh Year Community Development Funds, and the Proposed Forty-Eighth Year Community Development Program.
Sponsors: Daniel Dromm
Council Member Sponsors: 1
Attachments: 1. April 29, 2021 - Stated Meeting Agenda with Links to Files, 2. Res. No. 1703, 3. Committee Report, 4. Proposed FY’21 Community Development Program Budget and Allocations, 5. Hearing Transcript, 6. June 30, 2021 - Stated Meeting Agenda with Links to Files, 7. Hearing Transcript - Stated Meeting 6-30-21, 8. Minutes of the Stated Meeting - June 30, 2021

Preconsidered Res. No. 1703

 

Resolution approving The City Fiscal Year 2022 Community Development Program, Reallocation of Forty-Seventh Year Community Development Funds, and the Proposed Forty-Eighth Year Community Development Program.

 

By Council Member Dromm

 

Whereas, The Office of Management and Budget has prepared a Proposed City Fiscal Year 2022 Community Development Program, a Proposed Reallocation of Forty-Seventh Year Community Development Funds, and a Proposed Forty-Eighth Year Community Development Program; and

 

Whereas, The Proposed City Fiscal Year 2022 Community Development Program, Proposed Reallocation of Forty-Seventh Year Community Development Funds and Proposed Forty- Eighth 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 2022 in the amount of $281,558,000, which reflects an increase of $393,000 over the Executive Budget as submitted by the Mayor on April 27, 2021; and be it further

 

Resolved, That the Council of the City of New York hereby agrees to the Proposed Reallocation of Forty-Seventh Year Community Development Funds in the amount of $281,603,000, which reflects an increase of $194,000 over the Proposed Forty-Seventh Year Community Development Budget as submitted by the Mayor on April 27, 2021; and be it further

 

Resolved, That the Council of the City of New York hereby agrees to the Proposed Forty-Eighth Year Community Development Program in the amount of $260,797,000 which reflects an increase of $17,000 over the Proposed Forty-Eighth Year Community Development Program as submitted by the Mayor on April 27, 2021; 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 2023 budget adoption, of that portion of the Forty-Eighth Community Development budget that will be scheduled to be spent in City Fiscal Year 2023 and not City Fiscal Year 2022.