Communication from the Office of Management & Budget - Appropriation of new City revenues in Fiscal Year 2026 in the amount of $4.1 billion, pursuant to Section 107(e) of the New York City Charter (MN-4)

Summary

This item requests approval to appropriate $4.1 billion in new City revenues for Fiscal Year 2026, as per Section 107(e) of the New York City Charter. These funds will cover various needs across multiple city agencies, including case-specific requirements for the Law Department, support for the Department of Education (such as due process, early childhood education, pupil transportation, and school cleaning), foster care mandates for the Administration for Children's Services, and social services like rental and medical assistance from the Department of Social Services. Additionally, funds are allocated for the Department of Homeless Services shelter re-estimates, health and mental hygiene initiatives (supportive housing, early intervention, public health lab operations), HIP rate increases, judgments and claims, an MTA subsidy, and a snow budget adjustment for the Department of Sanitation. The total appropriation includes new tax revenue, miscellaneous revenue, reserves, and $500 million from Prior Year Payables.

Citizen Impact

This appropriation will fund essential city services including rental assistance, medical assistance, early childhood education, and homeless shelter operations. It also addresses critical needs like school cleaning and transportation, ensuring continued support for vulnerable populations and basic city functions.

Confidence

high