Int 0588-2014

FY'16 Preliminary Budget Extender

This legislation would change the charter-mandated deadline dates for the following: 1. Mayor’s submission of the preliminary management report no later than February 24, 2015. 2. Completion of the City Council’s public hearings on the preliminary management report and submission of recommendations no later than May 4, 2015. 3. Office of Management and Budget Office’s and City Planning Commission’s (CPC) submission of draft ten-year capital strategy no later than February 9, 2015. 4. CPC’s submission of the report on the draft ten-year capital strategy no later than March 12, 2015. 5. Mayor’s submission of the preliminary certificate regarding debt and reserves and appropriations and expenditures for capital projects no later than February 9, 2015. 6. Mayor’s submission of the preliminary budget no later than February 9, 2015. 7. Independent Budget Office’s submission of report on revenues and expenditures no later than February 24, 2015. 8. Community Boards’ submission of assessment of the preliminary budget no later than March 12, 2015 9. Commissioner of Finance’s submission on estimates of the assessed valuation of real property and a certified statement of all real property taxes due no later than March 12, 2015. 10. Mayor’s submission of tax benefit report no later than March 12, 2015 11. Borough Boards’ submission of budget priorities no later than March 23, 2015. 12. City Council’s submission of its operating budget no later than April 7, 2015.

Introduced By

VJ

D

Vincent J. Gentile

Co-Sponsors (1)

JF

D

Julissa Ferreras-Copeland