Finance Committee meets

Today I was honored to host my first Finance Committee hearing. I would like to thank Speaker Quinn for the faith she put in me to lead this important committee during these tough fiscal times.

On the agenda we had an expense budget modification, a transparency resolution, and three land use items. Three properties were seeking a property tax exemption through the Department of Housing Preservation & Development – Myrtle Mews on Staten Island, and Medgar Ever Houses and the Dr. Betty Shabazz Houses in Brooklyn. All the measures were adopted unanimously.

We will meet again tomorrow, March 4, at 10 a.m., for our preliminary budget hearing. Testifying will be the Office of Management and Budget, the Department of Finance, the Department of Design and Construction, the comptroller’s office and the Independent Budget Office. The public is welcome to testify as well, starting at 4 p.m. The hearing will be held in Council Chambers at City Hall.

You can use the Finance tab on my Web site to keep up-to-date on the various budget hearings that will take place over the next several weeks.

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