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Committee on Finance · Mar 25, 2026

Preliminary Budget Hearing - Finance, Wednesdayat least 5 h 16 min11 officials identified0 public speakersRoll call: 17 present (clerk)Video: YouTube, 2 recordings

Opening remarks were given on the 11th and final day of hearings on the administration’s proposed $127 billion preliminary budget for fiscal year 2027.

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34 of 38 meetings transcribed, Oct 24, 2025 to Oct 22, 2026.This meeting: Mar 25, 2026

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Recordings · 2 recordingsShowHide

What happened

Each sentence checked against the transcript.

  1. Opening remarks were given on the 11th and final day of hearings on the administration’s proposed $127 billion preliminary budget for fiscal year 2027.1:29rec. 2
  2. The testimony described a $1.7 billion savings plan under Executive Order 12 and a 5-year capital budget totaling $113 billion.10:09rec. 2
  3. The chair closed out the hearing.5:16:12rec. 2

Quotes

Officials only, in order.

The preliminary plan includes additional city funds of $6.6 million in fiscal ‘26, $21.2 million in ‘27, $20.9 million in ‘28, and $19.2 million baseline starting fiscal 29 to expand immigration legal services.Alexa Avilés · District 381:11:05rec. 2
I understand the mayor wants to— or he supports a rent freeze. But at the same time that in this budget I’m hearing the property tax increases, and I’m convinced that you increase property taxes, the property owners will just pass these expenses to the tenants and small businesses, hence increasing the rent.Phil Wong · District 301:57:24rec. 2
We have corrections officers in the bakery at Rikers Island when we should have civilians that would cost a whole lot less for the City of New York and probably have higher retention as well.Lincoln Restler · District 334:15:17rec. 2

Who spoke

11 officials identified · talk time, most first.

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Roll call: 17 present, 0 excused, 0 absent. From the clerkPublic comment: 0 speakers.

How we count

Each summary sentence is checked against the transcript before it is published; in a blind check, 144 of 150 sentences were right. A voice gets an official’s name only when two AI readers and a code check agree, so the minutes undercount and are not attendance. Officials only: members of the public are counted, never named, shown or quoted, and full transcripts aren’t published because they can carry their names. More on how we know

Cite this page

Hamlet, “Committee on Finance, Mar 25, 2026: New York.” https://cities.myhamlet.com/nyc/finance/meetings/2026-03-25. Data as of Oct 9, 2026 (version d14b03c); meeting of Mar 25, 2026.