NYC Administrative Code

§ 5-505 — When the director of management and budget is to prepare departmental estimate.

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What is NYC AC § 5-505?

Quick Answer

This section outlines the responsibilities of the director of management and budget regarding the preparation of departmental estimates for the upcoming fiscal year. The director must ensure that estimates are submitted by a date specified by the mayor, with copies forwarded to relevant boards. Applies to city agencies involved in budget preparation.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 5-505 When the director of management and budget is to prepare departmental estimate.

AC § 5-505

If a departmental estimate is not submitted on such date as the mayor may direct, the director of management and budget shall cause to be prepared such estimate and data necessary to include departmental estimate in the budget for such agency for the following fiscal year. In no event later than the fifteenth day of January, or such earlier date as the mayor may direct, the director of management and budget will forward copies of such estimate to the secretary of the board of estimate, the council and each community board and borough boards.

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