Budget

COMPLETE VIDEO: 180th CityLaw Breakfast with Jacques Jiha, Director of the NYC Office of Management and Budget

Today, June 29, 2022, Office of Management and Budget Director Jacques Jiha spoke at the 180th CityLaw Breakfast. His talk focused on the City’s economic recovery and the shaping of the City’s budget in response to the pandemic. Professor Ross Sandler, Director of the Center for New York City Law provided opening remarks. Dean and President of New York Law School Anthony W. Crowell held a closing discussion with Director Jiha and Professor Sandler. This … <Read More>

City Shifts Funding to Address Urgent Affordable Housing Needs

$466 million moved back into the 2021 Fiscal Year’s capital budget. On October 22, 2020, Mayor Bill de Blasio announced the acceleration of capital funding within the City’s affordable housing plan by shifting $466 million to the current fiscal year’s capital budget to address urgent affordable housing needs. In March, the City moved $466 million from the Department of Housing Preservation and Developments Fiscal Year 2021 budget to the Fiscal Years 2022 through 2024. However, … <Read More>

City Planning Creates Digital Platform for City’s Ten-Year Capital Strategy

City continues to increase accessibility to information with online capital budget platform. On October 7, 2019, the Department of City Planning announced the launch of the City’s first digital version of the Ten-Year Capital Strategy. Produced with the Mayor’s Office of Management and Budget, the new platform highlights the goals, policies, constraints, assumptions and criteria used to assess the City’s capital needs. The platform also lays out anticipated sources of funding. This interactive version of … <Read More>