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The new york city council presents the following budget priorities for the state fiscal year 2025 budget to help ensure new york city receives the equitable and necessary support for its health, safety, and success. As shown in figure 3, of the $19.29 billion expense budget in calendar year 2024, $10.02 billion, or 52 percent is allocated to the new york city transit/staten island railroad, followed by debt service at $2.82 billion (14.6 percent), and the lirr at $2.06 billion (10.7 percent). The fy 2026 budget includes many of the priorities shared by the council and new yorkers for investments in the city and neighborhoods across the five boroughs.
The new york city council presents the following state budget priorities, as state leaders finalize a state fiscal year 2024 budget, to help ensure new york city receives equitable and necessary support for its health, safety, and success. For additional information on nypd’s preliminary budget, please refer to the fiscal 2025 preliminary budget report at New york city’s budget process follows the fiscal year, beginning on july 1st and ending on june 30th
The mayor is responsible for preparing an annual expense and capital budget, which are submitted to the city council for review and adoption.
The department’s budget is primarily funded with city funds, comprising $5.5 billion or approximately 95 percent of the department’s current fiscal 2025 budget. The fiscal 2025 executive budget is $21.9 million greater than the iscal 2024 adopted budget
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