News & Analysis as of

Mayors State Budgets New York

Cozen O'Connor

New York Note – Council Preliminary Budget, Council Union Deal, Nonprofit Advisory Council

Cozen O'Connor on

Last Monday, the New York City Council released its response to the Mayor’s FY25 Preliminary Budget. The response identifies $6.15B in newly available funds, citing higher-than-expected tax revenue from both the current and...more

Cozen O'Connor

New York Note – One-House Budgets, NYS Human Rights

Cozen O'Connor on

Last Tuesday, the New York State Assembly and Senate released their one-house budgets, outlining their priorities for the Fiscal Year 2025 (FY25) budget. Both houses proposed raising taxes for high individual earners and the...more

Cozen O'Connor

New York Note – State and City Budgets, Council Committees, Mayoral Vetoes

Cozen O'Connor on

Governor Hochul Releases FY25 Executive Budget- On Tuesday, Governor Hochul unveiled her FY25 Executive Budget. She proposed a balanced $233B budget, which does not propose any increases in individual or corporate taxes but...more

Cozen O'Connor

New York Note – Deputy Mayor, Legislative Session, 2023 LGBTQ+ Power Players

Cozen O'Connor on

Mayor Adams has appointed Ana Almanzar as Deputy Mayor for Strategic Initiatives. In her new role, Almanzar will be overseeing the commissioners and executive directors of CUNY, the Department of Youth and Community...more

Cozen O'Connor

New York Note – Asylum Seekers, State Budget, Rent Guidelines Board

Cozen O'Connor on

Mayor Adams Plan to Shelter Asylum Seekers Outside NYC Last Friday, Mayor Eric Adams announced a plan to provide asylum seekers and option to shelter in surrounding New York counties, outside of New York City. In response to...more

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