Extend NYC Budget Process Deadlines for 2027
Enacted on Jun 9, 2026Signed into law by the Mayor.
Signed into Law
Local Law 2026/102
✦ Plain-Language Summary
This law gives the Mayor, Borough Presidents, and City Council more time to complete the annual budget process for the 2027 fiscal year. It pushes back key deadlines, including when the Mayor must submit a proposed budget and when public hearings must wrap up. This helps ensure city leaders have adequate time to review and finalize how NYC's money will be spent.
Details
- Introduced
- Apr 30, 2026
- Passed Council
- May 30, 2026
- Enacted
- May 30, 2026
- Body
- Committee on Finance
- Type
- Introduction
- Status
- Enacted
Official Description
This bill would extend certain deadlines in relation to the budget process for the fiscal year 2027 budget. Specifically, this bill would authorize the Mayor to submit an executive budget and budget message no later than May 12, 2026, as well as extend deadlines for the submission of recommendations in response thereto by Borough Presidents, the publication of a report of the Independent Budget Office analyzing the executive budget, and the conclusion of Council hearings on the executive budget.