The New York City Council - File #: Res 0407-2018

• File #: Res 0407-2018
• Version: *
• Name: M 44 - Submitting the Proposed City FY'19 Community Development Program, the Proposed CFY'19 Budget, the Proposed Reallocations-the CD XLIV Funds, Proposed CD XLV Statement of Objectives and Budget, dated April 26, 2018.
• Type: Resolution
• Status: Adopted
• File created: 6/14/2018
• In control: Committee on Finance
• On agenda: 6/14/2018
• Final action: 6/14/2018
• Title: Resolution approving The City Fiscal Year 2019 Community Development Program, Reallocation of Forty-Fourth Year Community Development Funds, and the Proposed Forty-Fifth Year Community Development Program.
• Sponsors: Daniel Dromm

Date	Ver.	Action By	Action	Result
6/14/2018	*	City Council	Approved, by Council	Pass
6/14/2018	*	Committee on Finance	Hearing Held by Committee
6/14/2018	*	Committee on Finance	Approved by Committee	Pass

Preconsidered Res. No. 407

Title
Resolution approving The City Fiscal Year 2019 Community Development Program, Reallocation of Forty-Fourth Year Community Development Funds, and the Proposed Forty-Fifth Year Community Development Program.
Body

By Council Member Dromm

Whereas, The Office of Management and Budget has prepared a Proposed City Fiscal Year 2019 Community Development Program, a Proposed Reallocation of Forty-Fourth Year Community Development Funds, and a Proposed Forty-Fifth Year Community Development Program; and

Whereas, The Proposed City Fiscal Year 2019 Community Development Program, Proposed Reallocation of Forty-Fourth Year Community Development Funds and Proposed Forty-Fifth Year Community Development Program are provided to the City Council for review and consideration; now, therefore, be it

Resolved, That the Council of the City of New York hereby agrees to the Proposed Community Development Program for City Fiscal Year 2019 in the amount of $354,473,000, which reflects an increase of $84,765,000 over the Executive Budget as submitted by the Mayor on April 26, 2018; and be it further

Resolved, That the Council of the City of New York hereby agrees to the Proposed Reallocation of Forty-Fourth Year Community Development Funds in the amount of $316,726,000, which reflects an increase of $42,571,000 over the Proposed Forty-Fourth Year Community Development Budget as submitted by the Mayor on April 26, 2018; and be it further

Resolved, That the Council of the City of New York hereby agrees to the Proposed Forty-Fifth Year Community Development Program in the amount of $268,998,000, which reflects an increase of $2,310,000 over the Proposed Forty-Fifth Year Community Development Program as submitted by the Mayor on April 26, 2018; and be it further

Resolved, That the Council of the City of New York hereby shall have the opportunity to review the allocation as part of the City Fiscal Year 2020 budge...