Res 1016-2016
M 385 - Appropriation of new revenues of $982 million in FY'16. (MN-5)
ResolutionAdoptedCommittee on Financeintroduced 2016-03-22
Adopted by the full Council.
Official record · Legistar
Agenda: 2016-03-22Passed: 2016-03-22
Committee on Finance — Executive Budget review and Budget modification, Banking Commission, Comptroller's Office, Department of Finance, Independent Budget Office, Office of Administrative Tax Appeal, and fiscal policy and revenue from any source.
How it compares
100% of similar bills passed
50 passed · 0 died
This bill: 0 days in committee
Similar bills: median 0 days · 0 days when passed
Compared against 50 Resolution bills in Committee on Finance.
Ranked by how closely each matches this bill's topic — closest first:
Res 0942-2015
M 356 - Appropriation of new revenues of $304.2 million in FY'16. (MN-3)
0dAdopted
Res 1119-2016
M 418 - Appropriation of new revenues in FY'16. (MN-7)
0dAdopted
Res 1425-2017
M 487 - Appropriation of new revenues of $770.8 million in FY'17 (MN-5)
0dAdopted
Res 0539-2015
M 216 - Appropriate new revenues of $284.5 million in fiscal year 20015. (MN-4)
0dAdopted
Res 0676-2015
M 278 - Appropriate new revenues of $1.074 billion in FY'15. (MN-6)
0dAdopted
Res 0972-2025
M 150 - Appropriation of new City revenues in Fiscal Year 2025 in the amount of $435.2 million, pursuant to Section 107(e) of the New York City Charter. (MN-8).
0dAdopted
+ 44 more comparable bills
Sponsors (1)
Lifecycle
AdvancedP-C Item Approved by Comm
2016-03-22 · Committee on Finance
AdvancedApproved, by Council
2016-03-22 · City Council
Heard at (1)
City Council · 2016-03-22 · 1:30 PM · Council Chambers - City Hall
Attachments (7)
- Complete Package
- Memorandum
- Committee Report
- Office of Management and Budget Letter
- March 22, 2016 - Stated Meeting Agenda with Links to Files
- Hearing Transcript - Stated Meeting 3-22-16
- Minutes of the Stated Meeting - March 22, 2016
Full text
By Council Member Ferreras-Copeland
Whereas, At a meeting the Committee on Finance of the City Council of the City of New York (the "City Council") on March 22, 2016, the Committee on Finance considered a communication, dated March 17, 2016, from the Mayor's Office of Management and Budget, of a proposed request to recognize a net increase in revenue pursuant to Section 107(e) of the Charter of the City of New York (the "Charter"), attached hereto as Exhibit A (the "Request to Appropriate"); and
Whereas, Section 107(e) of the Charter requires the City Council and the Mayor to follow the procedures and required approvals pursuant to Sections 254, 255, and 256 of the Charter, without regard to the dates specified therein, in the case of the proposed appropriation of any new revenues and the creation of new units of appropriation; and
Whereas, Section 107(e) of the Charter requires that any request by the Mayor respecting an amendment of the budget that involves an increase in the budget shall be accompanied by a statement of the source of current revenues or other identifiable and currently available funds required for the payment of such additional amounts, attached hereto as Exhibit B (together with the Request to Appropriate, the "Revenue Modification");
NOW, THEREFORE, The Council of the City of New York hereby resolves as follows:
1. Approval of Modification. The City Council hereby approves the Revenue Modification pursuant to Section 107(e) of the Charter.
2. Further Actions. The City Council directs the City Clerk to forward a certified copy of this resolution to the Mayor and the Comptroller as soon as practicable so that the Mayor, the Comptroller and the City Clerk may certify the Fiscal 2016 Expense Budget as amended by this resolution as the budget for the remainder of the fiscal year.
3. Effective Date. This resolution shall take effect as of the date hereof.
I hereby certify that the foregoing is a true and complete copy of a resolution adopted by the Council of the City of New York on _______________ on file in this office.
_____________________________
Clerk of The Council of The City of New York
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