Summary of Budget Hearing

You work for an organization in New York City that receives public funding, and your boss has tasked you with attending a hearing of the NYC Council in order to get a handle on how the budget is taking shape and how it may affect funding for your organization. Your boss has asked that you a) summarize the events of the hearing, including the issues raised by council members and the responses given by OMB (or others), and b) outline where the budget process currently stands. For example, if the hearing is in regard to the Mayor’s Preliminary Budget, then you should describe what issues were raised by council members and clarify the difference between the Preliminary Budget and the Executive Budget. Your memo should be no longer than one page single-spaced.