
Get the free Fiscal Impact Statement - The New York City Council - Calendar
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CORPORATE REPORT NO: R127COUNCIL DATE: June 24, 2019REGULAR COUNCIL
TO:Mayor & Councilor:General Manager, FinanceSUBJECT:2018 Statement of Financial Informational: June 19, 2019,
FILE: 188020RECOMMENDATION
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What is fiscal impact statement?
A fiscal impact statement is a document that estimates the financial effects of a proposed policy or legislation.
Who is required to file fiscal impact statement?
Government agencies or departments responsible for proposing new policies or legislation are typically required to file fiscal impact statements.
How to fill out fiscal impact statement?
Fiscal impact statements are typically filled out by providing estimates of the costs and revenues associated with the proposed policy or legislation.
What is the purpose of fiscal impact statement?
The purpose of a fiscal impact statement is to inform policymakers and the public about the financial implications of proposed policies or legislation.
What information must be reported on fiscal impact statement?
Information such as estimated costs, revenues, and potential economic impacts must be reported on a fiscal impact statement.
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