0:00:00 7 sec
Procedure
Staff housekeeping announcements before hearing
Committee staff instruct attendees to silence cell phones and electronic devices and reminds them not to approach the dais.
New York City Council
Committee on Finance
Approving the new designation and changes in the designation of certain organizations to receive funding in the Expense Budget
Jul 16, 2026 · 10:00 AM · 10 min 18 sec
Hearing Vote
Meeting chapters
Read summaries and jump into the video at the segment start.
0:00:07 29 sec
Remarks
Chair Lee opens hearing and recognizes committee members
Chair Linda Lee opens the hearing, introduces herself as Finance Committee Chair, and recognizes the committee members present in person and online, including Gennaro and Brooks-Powers.
0:00:36 30 sec
Remarks
Lee outlines agenda: expense budget designations and UBT tax credit decrease
Lee explains the committee will vote on preconsidered transparency resolutions for expense budget funding designations and a preconsidered resolution decreasing the credit against the city personal income tax for residents' share of the city unincorporated business tax (UBT).
0:01:07 11 sec
Procedure
Lee calls for comments and initiates roll call vote
Lee asks if any members have comments, notes Brooks-Powers is present in person, and then asks the clerk to call the roll.
0:01:18 1 min 6 sec
ROLL CALL
Roll call begins: initial member votes on coupled agenda items
Committee Clerk Matthew DiStefano begins the roll call with all items coupled. Chair Lee and several members vote aye, with some members not yet present or responding.
0:02:24 19 sec
ROLL CALL
Council Member Wong votes aye on all except UBT tax credit item
Council Member Phil Wong asks to confirm whether item 2214 is the UBT tax credit decrease, then votes aye on all items except 2214.
0:02:43 20 sec
ROLL CALL
Council Member Morano votes no on UBT tax credit item
Council Member Frank Morano votes aye on all items except 2214, the UBT tax credit decrease, on which he votes no.
0:03:03 33 sec
VOTE OUTCOME
Vote outcome announced: expense items adopted, UBT credit passes 9-2
Clerk DiStefano announces the transparency resolutions passed 11-0, and the UBT tax credit resolution passed 9-2 with no abstentions.
0:03:36 1 min 8 sec
Procedure
Vote held open for arriving members
Chair Lee announces the vote will be held open for members still arriving, including Justin Sanchez, and the committee waits to maintain quorum.
0:04:44 49 sec
ROLL CALL
Continuation of roll call: Gennaro and Sanchez cast votes
Clerk DiStefano resumes the roll call. Council Member Gennaro's vote is recorded, and Council Member Sanchez votes aye, bringing the total to 12-0 on the main items and 10-2 on the UBT item.
0:05:33 1 min 30 sec
Procedure
Sanchez clarifies his vote after brief confusion
A brief moment of confusion occurs as Sanchez clarifies he has just arrived and called his vote, causing a pause before the roll call resumes.
0:07:03 1 min 3 sec
ROLL CALL
Continuation of roll call: Aviles votes aye
Clerk DiStefano continues the roll call for Council Member Aviles, who votes aye. The tally updates to 13-0 on the main items and 11-2 on the UBT item.
0:08:06 1 min 19 sec
ROLL CALL
Gennaro votes remotely; quorum discussion and vote recorded
Council Member Gennaro joins remotely and confirms he can be heard. After a brief discussion about quorum, his aye vote is recorded, bringing the tally to 14-0 on the main items and 12-2 on the UBT item.
0:09:26 39 sec
VOTE OUTCOME
Restler votes; final tally announced at 15-0 and 13-2
Clerk DiStefano records Council Member Restler's vote, bringing the final tally to 15-0 on the main items and 13-2 on the UBT tax credit resolution.
0:10:05 13 sec
Procedure
Chair Lee closes the hearing
Chair Lee confirms the vote is complete and thanks all members, closing the hearing.