Int 0225-2002

Be it enacted by the Council as follows: Section 1. Subdivision a of section 225 of the New York city charter, as added by vote of the electors at the general election on November 7, 1989, is amended to read as follows: a. The mayor shall each year, in accordance with the provisions of this chapter, prepare and submit to the council a preliminary budget and an executive budget each of which shall present a complete financial plan for the city and its agencies for the ensuing fiscal year, setting forth proposed operating and capital expenditures, proposed interfund transfers, anticipated revenues and any other anticipated sources and uses of funds. Each such budget shall consist of three parts: the expense budget, which shall set forth proposed appropriations for the operating expenses of the city including debt service; the capital budget and program, which shall set forth proposed appropriations for capital projects for the ensuing fiscal year and the three succeeding fiscal years; and the revenue budget, which shall set forth the estimated revenues and receipts of the city. The preliminary budget and the executive budget shall each be accompanied by a report detailing the effect of such budget on the city's youth, ages twenty-one and under. Such reports shall include, but not be limited to, an analysis of the impact of such budget on education, school facilities, after school activities, recreation activities, youth employment, foster care, juvenile justice, youth health care services and programs servicing at-risk youth. �2. This local law shall take effect immediately after its enactment into law. L.P. LS#481 2 1