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New York State Budgets City Councils

Cozen O'Connor

New York Note: FY26 Budget Passage, City Legislation, Brooklyn Power 100

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On June 30, the City Council formally adopted the $115.9 billion FY 2026 budget. The budget includes funding to pilot a new free child care program for children under 2 years old, along with a significant increase in City...more

Cozen O'Connor

Broad Street Brief: FY26 Budget Negotiations Entering HOME Stretch

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FY26 Budget Negotiations Entering HOME Stretch - Thursday marks the final opportunity for the City Council to advance bills—including those tied to Mayor Cherelle Parker’s $6.7 billion proposed budget and Housing...more

Cozen O'Connor

New York Note: Adams Releases Executive Budget, Staten Island Special Election, City Legislation, City & State GR Pros

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Mayor Adams Unveils FY 2026 Executive Budget - Mayor Eric Adams released New York City's $115.1 billion Fiscal Year 2026 Executive Budget, dubbed the "Best Budget Ever.” It focuses on investments in public safety, criminal...more

Cozen O'Connor

New York Note: Council Sues Adams, Stefanik Governor Run, Pre-K Funding, Client Spotlight

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NYC Council Sues Over ICE Office at Rikers Island - The New York City Council has filed a lawsuit against Mayor Adams over the opening of a U.S. Immigration and Customs Enforcement (ICE) outpost on Rikers Island. The...more

Cozen O'Connor

New York Note: Quality of Life Division, City Legislation, Budget Negotiation Team

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NYPD to Launch New Quality of Life Division - Mayor Adams and NYPD Commissioner Jessica Tisch announced that the New York Police Department will be forming a new Quality of Life Division. The new division will unite officers...more

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New York Note – NYS FY25 Budget Passes and City Legislation

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NYS Lawmakers Pass FY25 Budget- State lawmakers in New York passed the $237B FY25 state budget, reflecting an increase of $8B from FY24. The budget will retroactively be in effect from April 1, 2024 to March 30, 2025....more

Cozen O'Connor

New York Note – Council Preliminary Budget, Council Union Deal, Nonprofit Advisory Council

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Last Monday, the New York City Council released its response to the Mayor’s FY25 Preliminary Budget. The response identifies $6.15B in newly available funds, citing higher-than-expected tax revenue from both the current and...more

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New York Note – Congestion Pricing, State Budget Delayed, City Budget Hearings

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Congestion Pricing Rules Finalized by MTA- Last Wednesday, the Metropolitan Transportation Authority’s Board approved final rules for the city’s Central Business District (CBD) tolling program, with a vote of 11-1. The...more

Cozen O'Connor

New York Note – One-House Budgets, NYS Human Rights

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Last Tuesday, the New York State Assembly and Senate released their one-house budgets, outlining their priorities for the Fiscal Year 2025 (FY25) budget. Both houses proposed raising taxes for high individual earners and the...more

Cozen O'Connor

New York Note – State and City Budgets, Council Committees, Mayoral Vetoes

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Governor Hochul Releases FY25 Executive Budget- On Tuesday, Governor Hochul unveiled her FY25 Executive Budget. She proposed a balanced $233B budget, which does not propose any increases in individual or corporate taxes but...more

Cozen O'Connor

New York Note – State of the State, State and City Budgets, Council Committees

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On Tuesday, Governor Hochul delivered her 2024 State of the State (SotS), laying out her vision for the year ahead. She focused her speech on proposals for mental health, healthcare, the environment, and the economy. The...more

Cozen O'Connor

New York Note: State Budget, City Legislation, Albany 40 Under 40

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State Budget “Conceptual Agreement” - Governor Hochul has announced a “conceptual agreement” on the state budget at an expected $229 billion. State Sen. Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl...more

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New York Note: One-House Budgets, City Legislation, Mayoral Appointments

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State Senate and Assembly Release One-House Budgets- The New York State Senate and Assembly have released their one-house budgets, in response to Gov. Kathy Hochul’s Executive FY24 Budget. Notably, both chambers have...more

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New York Note: Agency Vacancy Reduction, City Legislation, Commission on Gender Equity

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NYC Agencies Asked to Reduce Vacancies by Half- Last Monday, Office of Management and Budget Director Jacques Jiha sent a memo to heads of NYC agencies asking them to continue mining their budgets for efficiencies and...more

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