Summary

Committee on Economic Development holds budget oversight hearing with EDC; record filed

New YorkMar 17, 20261 min read

At a glance

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On March 17, 2026 the New York City Council Committee on Economic Development, chaired by Virginia Maloney, convened a budget and oversight hearing (T2026-1362) focused on the Economic Development Corporation as part of review of the Preliminary Budget for FY2027, the Preliminary Capital Plan for FY2027–2030, and the Fiscal 2026 Preliminary Mayor’s Management Report. Roll call was taken and the oversight hearing record was filed by the committee.

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Economic Development

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Committee on Economic Development

Topics discussed

Budget & TaxCommerce

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Key decisions

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Held an oversight hearing with the Economic Development Corporation under item T2026-1362 (Preliminary Budget FY2027; Preliminary Capital Plan 2027–2030; Fiscal 2026 Preliminary Mayor’s Management Report).
The committee filed the oversight hearing record.
Roll call / attendance recorded: Chair Virginia Maloney and members Alexa Avilés, Chris Banks, Amanda C. Farías, Jennifer Gutiérrez, Kevin C. Riley and Shanel Thomas-Henry present; Council Members Brewer and Lee also attended.

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