City Council Looks to Tackle Chronic Payment Delays to Nonprofits
Briefly

A New York City Council report highlights alarming delays in contract payments to nonprofits, with 90.59% of contracts registered late in FY 2024. This represents a rise from the previous year and leads to nonprofits starting services without secured funding, threatening their viability. Council Speaker Adrienne Adams emphasized that delayed payments compromise operations and beneficiary services. Council Member Justin Brannan echoed the sentiment, noting the crisis implications and calling for legislative reforms to expedite payments and rectify staffing cuts contributing to the issues. The Council's legislative efforts aim to address these pressing matters.
Nonprofit organizations deliver essential services that are critical to the health and safety of all New Yorkers, but they can't sustain operations or make payroll when city contract payments for completed work are delayed.
These procurement delays aren't just red tape anymore, they're a full-blown crisis. When nonprofits can't get paid, people lose services.
Read at BKReader
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