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New York Tax Revenues Mayors

Cozen O'Connor

New York Note: Deputy Mayor for Public Safety, Fifth Ave, Health Commissioner

Cozen O'Connor on

Following the resignation of Phil Banks amid federal investigations into the Adams administration, Mayor Adams has announced the appointment of Chauncey Parker as the new Deputy Mayor for Public Safety. Parker has served as...more

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 – 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

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