Won asks if $600M and GEEP will continue to be funded next fiscal year
Won asks whether the $600 million will continue to be funded in the next fiscal year starting July 1. Perry says it was a point-in-time reflection of FY24 and he cannot guarantee all programs will continue at the same levels. Won presses on whether the overall GEEP will be funded, and Perry says the budget is not yet finalized but expects stable funding for Talent's green economy portions.
Okay, so this isn't a new relabeling under the $600 million youth action plan.
This is not part of the youth action plan money.
This is additional funding in addition to that $600 million part of the youth action plan.
But the $600 million is going to continue to get funded under this administration in the upcoming budget?
So the $600 million was a point in time reflection of what was then fiscal year 2024.
Again, we'd have to work closer with our partners at OMB and...
So you're not sure if this is going to continue to get funded?
I know.
Many of these programs are continuing to get funded.
For example, SYEP was counted as part of that, and so SYEP is a robust program.
There's many other programs that go into it.
I don't have all of that data in front of me.
The programs are part of the $600 million.
I would have to get back to you.
How many agencies?
It includes New York City Public Schools, CUNY, DYCD, and maybe some others as well.
And so I have some samples of it, but I don't have a full accounting of every single program.
It was a full roundup of...
One year's youth funding.
Are you not concerned that it may or may not be fully funded by next fiscal year, which starts end of this month?
I just want to clarify, it's not a question of whether it, for me, it's not a question of whether it will or will not be.
I just don't know.
Most specifically each line item program and what program may continue and has continued.
I do know though that SYEP is continuing.
So you can guarantee the public that all $600 million will continue to be funded by next fiscal year starting July 1st?
I can't make that commitment.
I would need to talk to my colleagues at
across all of these agencies to figure out, again, this was a few, three fiscal years ago, and so where these programs are, maybe some of them have wrapped up, maybe some of them are more enhanced.
I don't have the specific number that would sort of be an analog to that $600 million point in time.
So the agencies have been keeping up with this program for the last few fiscal years?
The agencies, our partner agencies on the youth side, we're incredibly proud of the work that they do and the work that we do to partner with them, and they do a lot of work.
But because I don't have this data specifically on all of the youth action plan, because again, the youth action plan is an important,
plan, however, it was not tied exclusively to the Green Economy Action Plan, so I don't have all of the data tied to all of the youth work that the city has done, but the city does quite a bit.
So is the overall Green Economy Action Plan going to be funded in the next fiscal year?
So I know the budget is still not yet finalized, and so I don't have all the details, and we're happy to work with our partners on what the green economy investments may look like and how we at Talent can help support them.
We're expecting on the Talent side stable funding related to our green economy portions, but we'll have to work with our colleagues.