This document reflects the NYC Community Development Block Grant (CDBG) budget for CFY 2020. CDBG is a funding stream from the U.S. Department of Housing and Urban Development (HUD).
April 2019 Executive Budget, Fiscal Year 2020 - Highlights the Mayor's proposed budget initiatives; including estimates of expenditures and revenues; proposed expenditure reductions, recommended Federal and State actions; the Capital Plan and financial program for the next four fiscal years.
While there’s been much attention to the de Blasio Administration’s expansion of pre-k and 3-k, after-school programs for elementary and middle school students also have substantially increased. We track the rise in enrollment and spending since 2014.
Under the requirements of the New York State Municipal Assistance Corporation Act and the New York State Financial Emergency Act, the City of New York is required to submit this monthly financial report.
We project that NYC tax revenue will grow from $61.0 billion this year to nearly $70.6 billion in 2023. Get the details behind the numbers in our projections for individual taxes.
NYC Department of Finance Commissioner Jacques Jiha, Ph.D. Testimony on the FY'20 Preliminary Budget Hearing before the City Council Finance Committee.
The fiscal condition of the city’s public hospitals may be looking better than in the recent past, but a prognosis of modest shortfalls remains for the years ahead.
Under the Mayor’s plan, the budget for summer jobs for youth would increase by more than $30 million, but the number of slots for participants would fall.