• FY2026
• FY2025
• FY2024
• FY2023
• FY2022
• FY2021
• FY2020
• FY2019
• FY2018
• FY2017
• FY2016
• FY2015
• FY2014
• FY2013
• FY2012
• FY2011
• FY2010
• FY2009
• FY2008

Fiscal Year 2026 Preliminary Budget Response

The New York City Council presents its response to the Mayor’s Fiscal 2026 Preliminary Financial Plan
(Preliminary Plan) and the Fiscal Year 2025 Preliminary Mayor’s Management Report.

Read the FY26 Preliminary Budget Response

Fiscal Year 2026 Discretionary Funding Expense Application Filing Period

Please be advised that all not-for-profit community-based organizations that wish to apply for discretionary funding for FY2026 must submit a Council Application. The FY2026 application will be posted on the Council’s website at this location on Monday, January 6th, 2025 and the submission deadline will be on Wednesday, February 19th, 2025.

Apply for FY2026 Discretionary Funding
Access Submitted and In-Progress Applications

Also, please note that if an application is not submitted within the filing period, the community-based organization will not be eligible for funding.

Click here to watch the Fiscal Year 2025 Discretionary Budget Training Video.

For any issues or questions regarding the FY 2026 application, please contact discretionary@council.nyc.gov

FY2026 Capital Funding for Non-City Organizations

Non-City organizations applying for Fiscal Year 2026 capital funding may now download and submit applications at the CapGrants portal. All groups should submit their completed applications through this portal.

• Groups designated All Other, Charter School, or Housing organizations, may view and download their applications on the CapGrants page. If your group represents a non-DOE school or community-based organization, please use the form.
• Cultural organizations may view and download their applications via the Department of Cultural Affairs Capital Funding page. Your group should still submit completed applications through the CapGrants portal.

Application deadlines vary depending on the source of the funding your group has requested.

• Thursday, February 20, 2025, 5:00pm: applies if your project requests any funding from Borough Presidents (including those groups that are also requesting funding from the Council or Department of Cultural Affairs)
• Thursday, March 20, 2025, 5:00pm: applies if your project is only requesting funding from the Council and/or the Department of Cultural Affairs

FY25 Preliminary Budget Response (PDF)

The New York City Council presents its response to the Mayor’s Fiscal Year 2025 Preliminary Budget and
the Fiscal Year 2024 Preliminary Mayor’s Management Report. The Council’s response balances the need
to place the City on a stronger foundation to address its major challenges, save key program funding, and
prepare for economic uncertainties and risks.

Read the Council’s FY25 Preliminary Budget Response.

2024 State Budget Priorities (PDF)

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.

Read the Council’s 2024 State Budget Priorities.

February 2024 Economic and Tax Revenue Forecast (PDF)

Read the Council’s February 2024 Economic and Tax Revenue Forecast, prepared by the Revenue & Economics Unit.

How the budget works

The Expense Budget covers the costs of running our city. It pays for the sanitation worker who picks up your garbage, and powers the lights at your local library. Funds are set aside to operate each city agency. This also includes the Debt Service, the City’s annual loan payment for long‑term Capital Projects for which the City borrows State & Federal money.
The Capital Budget covers larger long‑term investments in facilities & infrastructure, or Capital Projects. Examples include the construction of public schools, street maintenance, and parks improvements.
The Revenue Budget outlines money expected from taxes, State & Federal aid, and other sources of revenue. It determines the maximum amount in the Expense Budget, as the City is required to have a balanced budget.