Int 1146-2026

Int. No. 1146 By Council Member Louis ..Title A Local Law to amend the administrative code of the city of New York, in relation to the performance of fiscal agents ..Body Be it enacted by the Council as follows: Section 1. Chapter 4 of title 21 of the administrative code of the city of New York is amended by adding a new section 21-416 to read as follows: § 21-416 Fiscal agent reporting. a. Definitions. For purposes of this section, the following terms have the following meanings: Community-based organization. The term “community-based organization” means a non-profit organization contracted by the department to provide services to, or operate for the benefit of, a particular community. Fiscal agent. The term “fiscal agent” means an entity contracted by the department to perform financial administration tasks on behalf of a community-based organization, including receiving, holding, disbursing, processing, and recording funds or payments. b. Report. The department shall submit an annual report to the council detailing: 1. The number of grants managed by each fiscal agent; 2. Average times for processing invoices and contract actions; 3. The number and nature of complaints received from community-based organizations regarding each fiscal agent, and the number of such complaints resolved; and 4. Performance metrics for evaluating fiscal agents including, but not limited to, timeliness standards for invoice processing and contract actions, responsiveness to community-based organization inquiries, and any additional indicators the department deems appropriate. c. Feedback. The department shall establish a mechanism through which community-based organizations may submit feedback or grievances regarding the performance of any fiscal agent. Actions the department may take to address substantiated concerns may include, but not be limited to: 1. Requesting corrective action from the fiscal agent; 2. Increasing departmental monitoring or oversight; 3. Facilitating communication between the organization and the fiscal agent, requiring additional training for fiscal agent staff; or 4. Where all other remedies have been exhausted, providing direct financial administration support by department staff in place of a fiscal agent, to the extent permitted by applicable procurement rules and existing contracts. § 2. This local law takes effect 90 days after it becomes law. CY LS #20704 12/12/2025