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Committee on Finance · Jun 9, 2026

Executive Budget Hearings - Finance, Tuesdayat least 1 h 34 min4 officials identified0 public speakers1 agenda itemRoll call: 14 present, 3 absent (clerk)Video: Viebit

The committee asked about ECB violations, and the answer given was that $573 million in outstanding debt is potentially collectible and $744 million is deemed uncollectible.

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34 of 38 meetings transcribed, Oct 24, 2025 to Oct 22, 2026.This meeting: Jun 9, 2026

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Agenda · 1 itemShowHide
  1. 0:00Executive Budget Hearings - Finance

What happened

Each sentence checked against the transcript.

  1. The committee asked about ECB violations, and the answer given was that $573 million in outstanding debt is potentially collectible and $744 million is deemed uncollectible.12:53
  2. The committee asked about Section 1127 returns, and the answer given was that a STAR benefit was incorrectly calculated and 2025 refunds and balances owed were recalculated.17:53
  3. The committee asked about the canceled tax lien sale, and the answer given was that a 6-month review ends this summer.39:03

Quotes

Officials only, in order.

The report discusses several key agencies, including HPD, DOB, NYCHA, and DCP. So for NYCHA, for example, while the executive capital commitment plan includes $90 million of additional capital funding for Section 9 vacant unit readiness, this amount is dwarfed by the additional $500 million for PACT conversions.Linda Lee · Chair · District 231:26:59

Who spoke

4 officials identified · talk time, most first.

Roll call: 14 present, 0 excused, 3 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, Jun 9, 2026: New York.” https://cities.myhamlet.com/nyc/finance/meetings/2026-06-09. Data as of Oct 9, 2026 (version d14b03c); meeting of Jun 9, 2026.