Citi bike financial reporting.

A Local Law to amend the administrative code of the city of New York, in relation to bike share financial reporting

Under the bill, the Department of Transportation (DOT) would require Citi Bike to provide financial data, included revenues generated, information on deficits or profits, and the amount of revenue that was allocated to the DOT. Beginning January 1, 2016 and annually thereafter, DOT would report such information to the Council and post it on the Department’s website.