{"id":1291,"date":"2018-03-02T18:12:48","date_gmt":"2018-03-02T18:12:48","guid":{"rendered":"https:\/\/council.nyc.gov\/budget\/?page_id=1291"},"modified":"2018-03-23T21:30:23","modified_gmt":"2018-03-23T21:30:23","slug":"fy18-22_financial_plan_overview","status":"publish","type":"page","link":"https:\/\/council.nyc.gov\/budget\/fy18-22_financial_plan_overview\/","title":{"rendered":"Fiscal 2018-2022 Financial Plan Overview"},"content":{"rendered":"<ul class=\"tabs\" data-tabs id=\"budget-tabs\" style=\"border-top:0;border-left:0;border-right:0;border-bottom-width:2px;margin-top:-2.75rem;\">\n<li class=\"tabs-title is-active\"><a href=\"#preliminary-financial-plan-overview\" aria-selected=\"true\">Preliminary Financial Plan Overview<\/a><\/li>\n<li class=\"tabs-title\"><a href=\"#preliminary-expense-budget\">Preliminary Expense Budget<\/a><\/li>\n<\/ul>\n<div class=\"tabs-content\" data-tabs-content=\"budget-tabs\" style=\"border:0;padding-top:2.5rem;\">\n<div class=\"tabs-panel is-active\" id=\"preliminary-financial-plan-overview\" style=\"padding:0;\">\n<div class=\"row\">\n<div class=\"columns large-8\">\n<p>        On March 5, 2018 the New York City Council began its review of the Mayor\u2019s proposed budget for Fiscal Year 2019 with the <a href=\"http:\/\/legistar.council.nyc.gov\/MeetingDetail.aspx?ID=594635&#038;GUID=9F085F0D-2AAB-4278-B740-2F9B8D703F86&#038;Options=info&#038;Search=\">Committee on Finance\u2019s hearing<\/a> on the <a href=\"http:\/\/www1.nyc.gov\/assets\/omb\/downloads\/pdf\/perc2-18.pdf\">Preliminary Budget for Fiscal 2019<\/a>.<\/p>\n<p>This report focuses on the overall budget, with an emphasis on expense spending, as well as an analysis of the Preliminary Mayor\u2019s Management Report.<\/p>\n<p>        The first testimony offered to the Council was from the director of the <a href=\"http:\/\/www1.nyc.gov\/site\/omb\/index.page\">Office of Management and Budget (OMB)<\/a>. While the <a href=\"http:\/\/www1.nyc.gov\/assets\/omb\/downloads\/pdf\/tech2-18.pdf\">Financial Plan for Fiscal 2018-2022<\/a> and <a href=\"http:\/\/www1.nyc.gov\/assets\/omb\/downloads\/pdf\/perc2-18.pdf\">Preliminary Budget<\/a> are available and present the Administration\u2019s proposals for new spending and estimates of expected revenues, the hearing gave the Council its first opportunity publicly to scrutinize the budget plan.<\/p><\/div>\n<div class=\"columns large-4\">\n        <a class=\"button expanded\" href=\"https:\/\/council.nyc.gov\/budget\/wp-content\/uploads\/sites\/54\/2018\/03\/FY19-Prelim-Fin-Plan-Rpt_2.27.18_RC.docx\"style=\"margin-bottom:0;\">Download the Full Report<\/a><br \/>\n        <a class=\"button expanded\" href=\"https:\/\/council.nyc.gov\/budget\/how-nycs-budget-works\/\" style=\"margin-bottom:0;\">Learn more about how the budget works&hellip;<\/a><\/p>\n<div class=\"callout\">\n<div align=\"center\">\n              Mayoral FY 2019 Budget Docs<br \/>\n              <small><a href=\"http:\/\/www1.nyc.gov\/assets\/omb\/downloads\/pdf\/perc2-18.pdf\">Mayor&#8217;s Preliminary Budget for Fiscal 2019 (PDF)<\/a><\/small><br \/>\n              <small><a href=\"http:\/\/www1.nyc.gov\/assets\/omb\/downloads\/pdf\/tech2-18.pdf\">Mayor&#8217;s Financial Plan for Fiscal 2018-2022 (PDF)<\/a><\/small>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<h3> Preliminary Financial Plan Overview <\/h3>\n<div class=\"row\">\n<div class=\"columns large-6\">\n        On February 1, 2018, Mayor de Blasio proposed the first budget of his second term: the $88.67 billion Fiscal 2019 Preliminary Budget. The Mayor outlined a budget that aims to strike a balance between ensuring that New York City is a fair city for all and preparing for real budgetary threats from both the federal government and the State.<\/p>\n<p>        The <a href=\"http:\/\/www1.nyc.gov\/assets\/omb\/downloads\/pdf\/perc2-18.pdf\">Fiscal 2019 Preliminary Budget<\/a> is $1.23 billion or just 1.4 percent, greater than the budget for the current year.<\/p>\n<p>        Comparing the City-funded portions of the Preliminary Budget and the Fiscal 2018 Adopted Budget shows a larger $2.7 billion, or 4.3 percent, increase.  The budgetary growth proposed for Fiscal 2019 is modest in comparison to the spending increases recorded during the prior four years.<\/p>\n<p>        The City\u2019s budget has grown each year during the de Blasio administration, increasing by 20 percent in Fiscal 2019 when compared to Fiscal 2015. The <a href=\"http:\/\/www1.nyc.gov\/assets\/omb\/downloads\/pdf\/tech2-18.pdf\">Preliminary Financial Plan<\/a> projects that the City\u2019s budget will hit $95.2 billion by Fiscal 2022; $25.1 billion, representing an increase of 26 percent greater than Fiscal 2015.\n      <\/div>\n<div class=\"columns large-6\">\n        <em>New York City Budget: FY 2015 &#8211; FY 2022<\/em><\/p>\n<div class=\"flex-video\" style=\"padding-bottom:100%;\">\n          <iframe src=\"https:\/\/newyorkcitycouncil.github.io\/datavis\/templates\/bar10\/index.html\"  frameborder=\"0\" allowfullscreen><\/iframe>\n        <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><\/p>\n<h5>Long-Term Budget Trends<\/h5>\n<div class=\"row\">\n<div class=\"columns large-6\">\n        <strong>Budget Funding Sources<\/strong><br \/>\n        Although the City\u2019s overall budget has increased, the mix of City, State and federal funds that support City operations has changed. The share of funding coming from the State and federal governments has not increased at the same rate as City funds.<\/p>\n<p>        In Fiscal 1991, the City received more than $3.1 billion in federal categorical grants (11 percent) and $5.5 billion (20 percent) in State categorical grants.<\/p>\n<p>        By Fiscal 2017, federal categorical grants totaled $7.7 billion (9 percent of the budget) and State categorical grants totaled almost $14 billion (17 percent). The portion of the budget funded directly by the City has increased much more, from over $19 billion (69 percent) in Fiscal 1991 to over $62 billion (74 percent of the total) in Fiscal 2017.\n      <\/p><\/div>\n<div class=\"columns large-6\">\n<p>      Budget Funding Sources by Fiscal Year<\/p>\n<div class=\"flex-video\" style=\"padding-bottom:60%;\">\n        <iframe src=\"https:\/\/newyorkcitycouncil.github.io\/datavis\/templates\/linechartmulti12\/index.html\"  frameborder=\"0\" allowfullscreen><\/iframe>\n      <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>    <strong>Agency Spending<\/strong><br \/>\n    As the mix of funding sources have changed over time, so has the allocation of budget resources for City programs.<\/p>\n<p>    Despite the focus on education by the current administration on initiatives, like universal pre-Kindergarten, community schools, and the \u201cEquity and Excellence\u201d initiatives, the proportion of the City\u2019s budget dedicated to education spending is lower than that in previous administrations.<\/p>\n<p>    The share of the City\u2019s budget for Health and Social Service programs has dropped to just over one-quarter of the budget. Federal policy changes and economic improvements both contributed to the decline.<\/p>\n<p>    The level of spending on Public Safety shows more consistency overtime; increases across the Dinkins and Giuliani administrations reflect the Safe Streets Safe City initiative; the drop during the last four years is explained by a changed mix of priorities, not by a funding reduction.<\/p>\n<p>    One of the most significant drivers of the changed mix of City spending is the cost of the City\u2019s mandated pension systems. This is largely due to considerable financial losses during the recessions of 2001 and 2008-2009, which necessitated increased employer contributions.<\/p>\n<p>\n      <em>Total Agency Spending by Mayoral Administration<\/em><\/p>\n<div class=\"flex-video\" style=\"padding-bottom:60%;\">\n        <iframe src=\"https:\/\/newyorkcitycouncil.github.io\/datavis\/templates\/stackedbar12\/index.html\"  frameborder=\"0\" allowfullscreen><\/iframe>\n      <\/div>\n<h5>Financial Plan Overview<\/h5>\n<p>  The Financial Plan Summary table below shows anticipated revenues and expenditures for all years of the Plan as well as the average annual percentage changes in each category of revenue and expenditure.<\/p>\n<p>  <div class=\"supsystic-table-loader la-ball-clip-rotate-multiple la-2x\" style=\"color:#2f57a6\"><div><\/div><div><\/div><\/div><div id=\"supsystic-table-6_91874\" class=\"supsystic-tables-wrap \" style=\" width:100%; visibility: hidden; \" data-table-width-fixed=\"100%\" ><table id=\"supsystic-table-6\" class=\"supsystic-table border stripe lightboxImg row-border\" data-id=\"6\" data-view-id=\"6_91874\" data-title=\"Fiscal 2019 Preliminary Financial Plan Summary\" data-currency-format=\"$1,000.00\" data-percent-format=\"10.00%\" data-date-format=\"DD.MM.YYYY\" data-time-format=\"HH:mm\" data-features=\"[&quot;after_table_loaded_script&quot;]\" data-search-value=\"\" data-lightbox-img=\"\" data-head-rows-count=\"1\" data-pagination-length=\"50,100,All\" data-auto-index=\"off\" data-searching-settings=\"{&quot;minChars&quot;:&quot;0&quot;}\" data-lang=\"default\" data-override=\"{&quot;emptyTable&quot;:&quot;&quot;,&quot;info&quot;:&quot;&quot;,&quot;infoEmpty&quot;:&quot;&quot;,&quot;infoFiltered&quot;:&quot;&quot;,&quot;lengthMenu&quot;:&quot;&quot;,&quot;search&quot;:&quot;&quot;,&quot;zeroRecords&quot;:&quot;&quot;,&quot;exportLabel&quot;:&quot;&quot;,&quot;file&quot;:&quot;default&quot;}\" data-merged=\"[{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:7},{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:7},{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:7},{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:7},{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:7},{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:7},{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:7}]\" data-responsive-mode=\"0\" data-from-history=\"0\" ><thead><tr><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><\/tr><\/thead><tbody><tr ><td data-cell-id=\"A1\" data-x=\"0\" data-y=\"1\" data-db-index=\"1\" class=\"bg-228be6 color-ffffff fsize-18 bold\" data-cell-type=\"text\" data-original-value=\"Fiscal 2019 Preliminary Financial Plan Summary\" data-order=\"Fiscal 2019 Preliminary Financial Plan Summary\" style=\"min-width:14.2857%; \" data-colspan=\"7\" data-rowspan=\"1\" >Fiscal 2019 Preliminary Financial Plan Summary <\/td><td data-cell-id=\"B1\" data-x=\"1\" data-y=\"1\" data-db-index=\"1\" class=\"bg-228be6 color-ffffff fsize-18 bold\" data-cell-type=\"text\" data-original-value=\"Fiscal 2019 Preliminary Financial Plan Summary\" data-order=\"Fiscal 2019 Preliminary Financial Plan Summary\" style=\"min-width:14.2857%; \" data-hide=\"true\" >Fiscal 2019 Preliminary Financial Plan Summary <\/td><td data-cell-id=\"C1\" data-x=\"2\" data-y=\"1\" data-db-index=\"1\" class=\"bg-228be6 color-ffffff fsize-18 bold\" data-cell-type=\"text\" data-original-value=\"Fiscal 2019 Preliminary Financial Plan Summary\" data-order=\"Fiscal 2019 Preliminary Financial Plan Summary\" style=\"min-width:14.2857%; \" data-hide=\"true\" >Fiscal 2019 Preliminary Financial Plan Summary <\/td><td data-cell-id=\"D1\" data-x=\"3\" data-y=\"1\" data-db-index=\"1\" class=\"bg-228be6 color-ffffff fsize-18 bold\" data-cell-type=\"text\" data-original-value=\"Fiscal 2019 Preliminary Financial Plan Summary\" data-order=\"Fiscal 2019 Preliminary Financial Plan Summary\" style=\"min-width:14.2857%; \" data-hide=\"true\" >Fiscal 2019 Preliminary Financial Plan Summary <\/td><td data-cell-id=\"E1\" data-x=\"4\" data-y=\"1\" data-db-index=\"1\" class=\"bg-228be6 color-ffffff fsize-18 bold\" data-cell-type=\"text\" data-original-value=\"Fiscal 2019 Preliminary Financial Plan Summary\" data-order=\"Fiscal 2019 Preliminary Financial Plan Summary\" style=\"min-width:14.2857%; \" data-hide=\"true\" >Fiscal 2019 Preliminary Financial Plan Summary <\/td><td data-cell-id=\"F1\" data-x=\"5\" data-y=\"1\" data-db-index=\"1\" class=\"bg-228be6 color-ffffff fsize-18 bold\" data-cell-type=\"text\" data-original-value=\"Fiscal 2019 Preliminary Financial Plan Summary\" data-order=\"Fiscal 2019 Preliminary Financial Plan Summary\" style=\"min-width:14.2857%; \" data-hide=\"true\" >Fiscal 2019 Preliminary Financial Plan Summary <\/td><td data-cell-id=\"G1\" data-x=\"6\" data-y=\"1\" data-db-index=\"1\" class=\"bg-228be6 color-ffffff fsize-18 bold\" data-cell-type=\"text\" data-original-value=\"Fiscal 2019 Preliminary Financial Plan Summary\" data-order=\"Fiscal 2019 Preliminary Financial Plan Summary\" style=\"min-width:14.2857%; \" data-hide=\"true\" >Fiscal 2019 Preliminary Financial Plan Summary <\/td><\/tr><tr ><td data-cell-id=\"A2\" data-x=\"0\" data-y=\"2\" data-db-index=\"2\" class=\"bg-228be6 color-ffffff fsize-14 italic\" data-cell-type=\"text\" data-original-value=\"Dollars in Millions\" data-order=\"Dollars in Millions\" >Dollars in Millions <\/td><td data-cell-id=\"B2\" data-x=\"1\" data-y=\"2\" data-db-index=\"2\" class=\"bg-228be6 color-ffffff fsize-14\" data-cell-type=\"text\" data-original-value=\"FY 2018\" data-order=\"FY 2018\" >FY 2018 <\/td><td data-cell-id=\"C2\" data-x=\"2\" data-y=\"2\" data-db-index=\"2\" class=\"bg-228be6 color-ffffff fsize-14\" data-cell-type=\"text\" data-original-value=\"FY 2019\" data-order=\"FY 2019\" >FY 2019 <\/td><td data-cell-id=\"D2\" data-x=\"3\" data-y=\"2\" data-db-index=\"2\" class=\"bg-228be6 color-ffffff fsize-14\" data-cell-type=\"text\" data-original-value=\"FY 2020\" data-order=\"FY 2020\" >FY 2020 <\/td><td data-cell-id=\"E2\" data-x=\"4\" data-y=\"2\" data-db-index=\"2\" class=\"bg-228be6 color-ffffff fsize-14\" data-cell-type=\"text\" data-original-value=\"FY 2021\" data-order=\"FY 2021\" >FY 2021 <\/td><td data-cell-id=\"F2\" data-x=\"5\" data-y=\"2\" data-db-index=\"2\" class=\"bg-228be6 color-ffffff fsize-14\" data-cell-type=\"text\" data-original-value=\"FY 2022\" data-order=\"FY 2022\" >FY 2022 <\/td><td data-cell-id=\"G2\" data-x=\"6\" data-y=\"2\" data-db-index=\"2\" class=\"bg-228be6 color-ffffff fsize-14\" data-cell-type=\"text\" data-original-value=\"Avg. Annual Change\" data-order=\"Avg. Annual Change\" >Avg. Annual Change <\/td><\/tr><tr ><td data-cell-id=\"A3\" data-x=\"0\" data-y=\"3\" data-db-index=\"3\" class=\"bold color-000000 fsize-14\" data-cell-type=\"text\" data-original-value=\"REVENUES\" data-order=\"REVENUES\" >REVENUES <\/td><td data-cell-id=\"B3\" data-x=\"1\" data-y=\"3\" data-db-index=\"3\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"C3\" data-x=\"2\" data-y=\"3\" data-db-index=\"3\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"D3\" data-x=\"3\" data-y=\"3\" data-db-index=\"3\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"E3\" data-x=\"4\" data-y=\"3\" data-db-index=\"3\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"F3\" data-x=\"5\" data-y=\"3\" data-db-index=\"3\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"G3\" data-x=\"6\" data-y=\"3\" data-db-index=\"3\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><\/tr><tr ><td data-cell-id=\"A4\" data-x=\"0\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Taxes\" data-order=\"Taxes\" >Taxes <\/td><td data-cell-id=\"B4\" data-x=\"1\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$57,294 \" data-order=\"$57,294 \" >$57,294 <\/td><td data-cell-id=\"C4\" data-x=\"2\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$59,999 \" data-order=\"$59,999 \" >$59,999 <\/td><td data-cell-id=\"D4\" data-x=\"3\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$62,223 \" data-order=\"$62,223 \" >$62,223 <\/td><td data-cell-id=\"E4\" data-x=\"4\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$64,582 \" data-order=\"$64,582 \" >$64,582 <\/td><td data-cell-id=\"F4\" data-x=\"5\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$65,623 \" data-order=\"$65,623 \" >$65,623 <\/td><td data-cell-id=\"G4\" data-x=\"6\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"3.5%\" data-order=\"3.5%\" >3.5% <\/td><\/tr><tr ><td data-cell-id=\"A5\" data-x=\"0\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Misc. Revenues\" data-order=\"Misc. Revenues\" >Misc. Revenues <\/td><td data-cell-id=\"B5\" data-x=\"1\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 6,995 \" data-order=\" 6,995 \" > 6,995 <\/td><td data-cell-id=\"C5\" data-x=\"2\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 6,712 \" data-order=\" 6,712 \" > 6,712 <\/td><td data-cell-id=\"D5\" data-x=\"3\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 6,932 \" data-order=\" 6,932 \" > 6,932 <\/td><td data-cell-id=\"E5\" data-x=\"4\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"6,964\" data-order=\"6,964\" >6,964 <\/td><td data-cell-id=\"F5\" data-x=\"5\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 6,793 \" data-order=\" 6,793 \" > 6,793 <\/td><td data-cell-id=\"G5\" data-x=\"6\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(0.7%)\" data-order=\"(0.7%)\" >(0.7%) <\/td><\/tr><tr ><td data-cell-id=\"A6\" data-x=\"0\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Less: Intra-City and Disallowances\" data-order=\"Less: Intra-City and Disallowances\" >Less: Intra-City and Disallowances <\/td><td data-cell-id=\"B6\" data-x=\"1\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(2,047)\" data-order=\"(2,047)\" >(2,047) <\/td><td data-cell-id=\"C6\" data-x=\"2\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(1,772)\" data-order=\"(1,772)\" >(1,772) <\/td><td data-cell-id=\"D6\" data-x=\"3\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(1,764)\" data-order=\"(1,764)\" >(1,764) <\/td><td data-cell-id=\"E6\" data-x=\"4\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(1,769)\" data-order=\"(1,769)\" >(1,769) <\/td><td data-cell-id=\"F6\" data-x=\"5\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(1,769)\" data-order=\"(1,769)\" >(1,769) <\/td><td data-cell-id=\"G6\" data-x=\"6\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(3.6%)\" data-order=\"(3.6%)\" >(3.6%) <\/td><\/tr><tr ><td data-cell-id=\"A7\" data-x=\"0\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Subtotal, City Funds\" data-order=\"Subtotal, City Funds\" >Subtotal, City Funds <\/td><td data-cell-id=\"B7\" data-x=\"1\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$62,242 \" data-order=\"$62,242 \" >$62,242 <\/td><td data-cell-id=\"C7\" data-x=\"2\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$64,939 \" data-order=\"$64,939 \" >$64,939 <\/td><td data-cell-id=\"D7\" data-x=\"3\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$67,391 \" data-order=\"$67,391 \" >$67,391 <\/td><td data-cell-id=\"E7\" data-x=\"4\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$69,777 \" data-order=\"$69,777 \" >$69,777 <\/td><td data-cell-id=\"F7\" data-x=\"5\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$70,647 \" data-order=\"$70,647 \" >$70,647 <\/td><td data-cell-id=\"G7\" data-x=\"6\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"3.2%\" data-order=\"3.2%\" >3.2% <\/td><\/tr><tr ><td data-cell-id=\"A8\" data-x=\"0\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"State Aid\" data-order=\"State Aid\" >State Aid <\/td><td data-cell-id=\"B8\" data-x=\"1\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 14,776 \" data-order=\" 14,776 \" > 14,776 <\/td><td data-cell-id=\"C8\" data-x=\"2\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 14,968 \" data-order=\" 14,968 \" > 14,968 <\/td><td data-cell-id=\"D8\" data-x=\"3\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 15,463 \" data-order=\" 15,463 \" > 15,463 <\/td><td data-cell-id=\"E8\" data-x=\"4\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 15,838 \" data-order=\" 15,838 \" > 15,838 <\/td><td data-cell-id=\"F8\" data-x=\"5\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 16,251 \" data-order=\" 16,251 \" > 16,251 <\/td><td data-cell-id=\"G8\" data-x=\"6\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"2.4%\" data-order=\"2.4%\" >2.4% <\/td><\/tr><tr ><td data-cell-id=\"A9\" data-x=\"0\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Federal Aid\" data-order=\"Federal Aid\" >Federal Aid <\/td><td data-cell-id=\"B9\" data-x=\"1\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 8,650 \" data-order=\" 8,650 \" > 8,650 <\/td><td data-cell-id=\"C9\" data-x=\"2\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 7,219 \" data-order=\" 7,219 \" > 7,219 <\/td><td data-cell-id=\"D9\" data-x=\"3\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 6,973 \" data-order=\" 6,973 \" > 6,973 <\/td><td data-cell-id=\"E9\" data-x=\"4\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 6,955 \" data-order=\" 6,955 \" > 6,955 <\/td><td data-cell-id=\"F9\" data-x=\"5\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 6,939 \" data-order=\" 6,939 \" > 6,939 <\/td><td data-cell-id=\"G9\" data-x=\"6\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(5.4%)\" data-order=\"(5.4%)\" >(5.4%) <\/td><\/tr><tr ><td data-cell-id=\"A10\" data-x=\"0\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Other Categorical Grants\" data-order=\"Other Categorical Grants\" >Other Categorical Grants <\/td><td data-cell-id=\"B10\" data-x=\"1\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 1,098 \" data-order=\" 1,098 \" > 1,098 <\/td><td data-cell-id=\"C10\" data-x=\"2\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 870 \" data-order=\" 870 \" > 870 <\/td><td data-cell-id=\"D10\" data-x=\"3\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 860 \" data-order=\" 860 \" > 860 <\/td><td data-cell-id=\"E10\" data-x=\"4\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 855 \" data-order=\" 855 \" > 855 <\/td><td data-cell-id=\"F10\" data-x=\"5\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 855 \" data-order=\" 855 \" > 855 <\/td><td data-cell-id=\"G10\" data-x=\"6\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(6.1%)\" data-order=\"(6.1%)\" >(6.1%) <\/td><\/tr><tr ><td data-cell-id=\"A11\" data-x=\"0\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Capital Funds (IFA)\" data-order=\"Capital Funds (IFA)\" >Capital Funds (IFA) <\/td><td data-cell-id=\"B11\" data-x=\"1\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 674 \" data-order=\" 674 \" > 674 <\/td><td data-cell-id=\"C11\" data-x=\"2\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 670 \" data-order=\" 670 \" > 670 <\/td><td data-cell-id=\"D11\" data-x=\"3\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 606 \" data-order=\" 606 \" > 606 <\/td><td data-cell-id=\"E11\" data-x=\"4\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 605 \" data-order=\" 605 \" > 605 <\/td><td data-cell-id=\"F11\" data-x=\"5\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 605 \" data-order=\" 605 \" > 605 <\/td><td data-cell-id=\"G11\" data-x=\"6\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(2.7%)\" data-order=\"(2.7%)\" >(2.7%) <\/td><\/tr><tr ><td data-cell-id=\"A12\" data-x=\"0\" data-y=\"12\" data-db-index=\"12\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"TOTAL REVENUES\" data-order=\"TOTAL REVENUES\" >TOTAL REVENUES <\/td><td data-cell-id=\"B12\" data-x=\"1\" data-y=\"12\" data-db-index=\"12\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$87,440 \" data-order=\"$87,440 \" >$87,440 <\/td><td data-cell-id=\"C12\" data-x=\"2\" data-y=\"12\" data-db-index=\"12\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$88,666 \" data-order=\"$88,666 \" >$88,666 <\/td><td data-cell-id=\"D12\" data-x=\"3\" data-y=\"12\" data-db-index=\"12\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$91,293 \" data-order=\"$91,293 \" >$91,293 <\/td><td data-cell-id=\"E12\" data-x=\"4\" data-y=\"12\" data-db-index=\"12\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$94,030 \" data-order=\"$94,030 \" >$94,030 <\/td><td data-cell-id=\"F12\" data-x=\"5\" data-y=\"12\" data-db-index=\"12\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$95,297 \" data-order=\"$95,297 \" >$95,297 <\/td><td data-cell-id=\"G12\" data-x=\"6\" data-y=\"12\" data-db-index=\"12\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"2.2%\" data-order=\"2.2%\" >2.2% <\/td><\/tr><tr ><td data-cell-id=\"A13\" data-x=\"0\" data-y=\"13\" data-db-index=\"13\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"SPENDING\" data-order=\"SPENDING\" >SPENDING <\/td><td data-cell-id=\"B13\" data-x=\"1\" data-y=\"13\" data-db-index=\"13\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"C13\" data-x=\"2\" data-y=\"13\" data-db-index=\"13\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"D13\" data-x=\"3\" data-y=\"13\" data-db-index=\"13\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"E13\" data-x=\"4\" data-y=\"13\" data-db-index=\"13\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"F13\" data-x=\"5\" data-y=\"13\" data-db-index=\"13\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"G13\" data-x=\"6\" data-y=\"13\" data-db-index=\"13\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><\/tr><tr ><td data-cell-id=\"A14\" data-x=\"0\" data-y=\"14\" data-db-index=\"14\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Personal Services\" data-order=\"Personal Services\" >Personal Services <\/td><td data-cell-id=\"B14\" data-x=\"1\" data-y=\"14\" data-db-index=\"14\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 46,835 \" data-order=\" 46,835 \" > 46,835 <\/td><td data-cell-id=\"C14\" data-x=\"2\" data-y=\"14\" data-db-index=\"14\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 49,051 \" data-order=\" 49,051 \" > 49,051 <\/td><td data-cell-id=\"D14\" data-x=\"3\" data-y=\"14\" data-db-index=\"14\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 50,714 \" data-order=\" 50,714 \" > 50,714 <\/td><td data-cell-id=\"E14\" data-x=\"4\" data-y=\"14\" data-db-index=\"14\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 52,033 \" data-order=\" 52,033 \" > 52,033 <\/td><td data-cell-id=\"F14\" data-x=\"5\" data-y=\"14\" data-db-index=\"14\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 52,558 \" data-order=\" 52,558 \" > 52,558 <\/td><td data-cell-id=\"G14\" data-x=\"6\" data-y=\"14\" data-db-index=\"14\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"2.9%\" data-order=\"2.9%\" >2.9% <\/td><\/tr><tr ><td data-cell-id=\"A15\" data-x=\"0\" data-y=\"15\" data-db-index=\"15\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Other Than Personal Services (OTPS)\" data-order=\"Other Than Personal Services (OTPS)\" >Other Than Personal Services (OTPS) <\/td><td data-cell-id=\"B15\" data-x=\"1\" data-y=\"15\" data-db-index=\"15\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 37,621 \" data-order=\" 37,621 \" > 37,621 <\/td><td data-cell-id=\"C15\" data-x=\"2\" data-y=\"15\" data-db-index=\"15\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 35,617 \" data-order=\" 35,617 \" > 35,617 <\/td><td data-cell-id=\"D15\" data-x=\"3\" data-y=\"15\" data-db-index=\"15\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 35,599 \" data-order=\" 35,599 \" > 35,599 <\/td><td data-cell-id=\"E15\" data-x=\"4\" data-y=\"15\" data-db-index=\"15\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 35,842 \" data-order=\" 35,842 \" > 35,842 <\/td><td data-cell-id=\"F15\" data-x=\"5\" data-y=\"15\" data-db-index=\"15\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 36,173 \" data-order=\" 36,173 \" > 36,173 <\/td><td data-cell-id=\"G15\" data-x=\"6\" data-y=\"15\" data-db-index=\"15\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(1.0%)\" data-order=\"(1.0%)\" >(1.0%) <\/td><\/tr><tr ><td data-cell-id=\"A16\" data-x=\"0\" data-y=\"16\" data-db-index=\"16\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Debt Service\" data-order=\"Debt Service\" >Debt Service <\/td><td data-cell-id=\"B16\" data-x=\"1\" data-y=\"16\" data-db-index=\"16\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 6,412 \" data-order=\" 6,412 \" > 6,412 <\/td><td data-cell-id=\"C16\" data-x=\"2\" data-y=\"16\" data-db-index=\"16\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 7,089 \" data-order=\" 7,089 \" > 7,089 <\/td><td data-cell-id=\"D16\" data-x=\"3\" data-y=\"16\" data-db-index=\"16\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 7,664 \" data-order=\" 7,664 \" > 7,664 <\/td><td data-cell-id=\"E16\" data-x=\"4\" data-y=\"16\" data-db-index=\"16\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 8,127 \" data-order=\" 8,127 \" > 8,127 <\/td><td data-cell-id=\"F16\" data-x=\"5\" data-y=\"16\" data-db-index=\"16\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 8,815 \" data-order=\" 8,815 \" > 8,815 <\/td><td data-cell-id=\"G16\" data-x=\"6\" data-y=\"16\" data-db-index=\"16\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"8.3%\" data-order=\"8.3%\" >8.3% <\/td><\/tr><tr ><td data-cell-id=\"A17\" data-x=\"0\" data-y=\"17\" data-db-index=\"17\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"General Reserve\" data-order=\"General Reserve\" >General Reserve <\/td><td data-cell-id=\"B17\" data-x=\"1\" data-y=\"17\" data-db-index=\"17\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 300 \" data-order=\" 300 \" > 300 <\/td><td data-cell-id=\"C17\" data-x=\"2\" data-y=\"17\" data-db-index=\"17\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 1,000 \" data-order=\" 1,000 \" > 1,000 <\/td><td data-cell-id=\"D17\" data-x=\"3\" data-y=\"17\" data-db-index=\"17\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 1,000 \" data-order=\" 1,000 \" > 1,000 <\/td><td data-cell-id=\"E17\" data-x=\"4\" data-y=\"17\" data-db-index=\"17\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 1,000 \" data-order=\" 1,000 \" > 1,000 <\/td><td data-cell-id=\"F17\" data-x=\"5\" data-y=\"17\" data-db-index=\"17\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 1,000 \" data-order=\" 1,000 \" > 1,000 <\/td><td data-cell-id=\"G17\" data-x=\"6\" data-y=\"17\" data-db-index=\"17\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"35.1%\" data-order=\"35.1%\" >35.1% <\/td><\/tr><tr ><td data-cell-id=\"A18\" data-x=\"0\" data-y=\"18\" data-db-index=\"18\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Capital Stabilization Reserve\" data-order=\"Capital Stabilization Reserve\" >Capital Stabilization Reserve <\/td><td data-cell-id=\"B18\" data-x=\"1\" data-y=\"18\" data-db-index=\"18\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" - \" data-order=\" - \" > - <\/td><td data-cell-id=\"C18\" data-x=\"2\" data-y=\"18\" data-db-index=\"18\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 250 \" data-order=\" 250 \" > 250 <\/td><td data-cell-id=\"D18\" data-x=\"3\" data-y=\"18\" data-db-index=\"18\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 250 \" data-order=\" 250 \" > 250 <\/td><td data-cell-id=\"E18\" data-x=\"4\" data-y=\"18\" data-db-index=\"18\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 250 \" data-order=\" 250 \" > 250 <\/td><td data-cell-id=\"F18\" data-x=\"5\" data-y=\"18\" data-db-index=\"18\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" 250 \" data-order=\" 250 \" > 250 <\/td><td data-cell-id=\"G18\" data-x=\"6\" data-y=\"18\" data-db-index=\"18\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><\/tr><tr ><td data-cell-id=\"A19\" data-x=\"0\" data-y=\"19\" data-db-index=\"19\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Less: Intra-City\" data-order=\"Less: Intra-City\" >Less: Intra-City <\/td><td data-cell-id=\"B19\" data-x=\"1\" data-y=\"19\" data-db-index=\"19\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(2,132)\" data-order=\"(2,132)\" >(2,132) <\/td><td data-cell-id=\"C19\" data-x=\"2\" data-y=\"19\" data-db-index=\"19\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(1,757)\" data-order=\"(1,757)\" >(1,757) <\/td><td data-cell-id=\"D19\" data-x=\"3\" data-y=\"19\" data-db-index=\"19\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(1,749)\" data-order=\"(1,749)\" >(1,749) <\/td><td data-cell-id=\"E19\" data-x=\"4\" data-y=\"19\" data-db-index=\"19\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(1,754)\" data-order=\"(1,754)\" >(1,754) <\/td><td data-cell-id=\"F19\" data-x=\"5\" data-y=\"19\" data-db-index=\"19\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(1,754)\" data-order=\"(1,754)\" >(1,754) <\/td><td data-cell-id=\"G19\" data-x=\"6\" data-y=\"19\" data-db-index=\"19\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(4.8%)\" data-order=\"(4.8%)\" >(4.8%) <\/td><\/tr><tr ><td data-cell-id=\"A20\" data-x=\"0\" data-y=\"20\" data-db-index=\"20\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Spending Before Adjustments\" data-order=\"Spending Before Adjustments\" >Spending Before Adjustments <\/td><td data-cell-id=\"B20\" data-x=\"1\" data-y=\"20\" data-db-index=\"20\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$89,036\" data-order=\"$89,036\" >$89,036 <\/td><td data-cell-id=\"C20\" data-x=\"2\" data-y=\"20\" data-db-index=\"20\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$91,250\" data-order=\"$91,250\" >$91,250 <\/td><td data-cell-id=\"D20\" data-x=\"3\" data-y=\"20\" data-db-index=\"20\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$93,478\" data-order=\"$93,478\" >$93,478 <\/td><td data-cell-id=\"E20\" data-x=\"4\" data-y=\"20\" data-db-index=\"20\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$95,498\" data-order=\"$95,498\" >$95,498 <\/td><td data-cell-id=\"F20\" data-x=\"5\" data-y=\"20\" data-db-index=\"20\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$97,042\" data-order=\"$97,042\" >$97,042 <\/td><td data-cell-id=\"G20\" data-x=\"6\" data-y=\"20\" data-db-index=\"20\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"2.2%\" data-order=\"2.2%\" >2.2% <\/td><\/tr><tr ><td data-cell-id=\"A21\" data-x=\"0\" data-y=\"21\" data-db-index=\"21\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Surplus Roll Adjustment (Net)\" data-order=\"Surplus Roll Adjustment (Net)\" >Surplus Roll Adjustment (Net) <\/td><td data-cell-id=\"B21\" data-x=\"1\" data-y=\"21\" data-db-index=\"21\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(1,596)\" data-order=\"(1,596)\" >(1,596) <\/td><td data-cell-id=\"C21\" data-x=\"2\" data-y=\"21\" data-db-index=\"21\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"(2,584)\" data-order=\"(2,584)\" >(2,584) <\/td><td data-cell-id=\"D21\" data-x=\"3\" data-y=\"21\" data-db-index=\"21\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"E21\" data-x=\"4\" data-y=\"21\" data-db-index=\"21\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"F21\" data-x=\"5\" data-y=\"21\" data-db-index=\"21\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"G21\" data-x=\"6\" data-y=\"21\" data-db-index=\"21\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><\/tr><tr ><td data-cell-id=\"A22\" data-x=\"0\" data-y=\"22\" data-db-index=\"22\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"TOTAL EXPENDITURES\" data-order=\"TOTAL EXPENDITURES\" >TOTAL EXPENDITURES <\/td><td data-cell-id=\"B22\" data-x=\"1\" data-y=\"22\" data-db-index=\"22\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$87,440 \" data-order=\"$87,440 \" >$87,440 <\/td><td data-cell-id=\"C22\" data-x=\"2\" data-y=\"22\" data-db-index=\"22\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$88,666 \" data-order=\"$88,666 \" >$88,666 <\/td><td data-cell-id=\"D22\" data-x=\"3\" data-y=\"22\" data-db-index=\"22\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$93,478 \" data-order=\"$93,478 \" >$93,478 <\/td><td data-cell-id=\"E22\" data-x=\"4\" data-y=\"22\" data-db-index=\"22\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$95,498\" data-order=\"$95,498\" >$95,498 <\/td><td data-cell-id=\"F22\" data-x=\"5\" data-y=\"22\" data-db-index=\"22\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$97,042\" data-order=\"$97,042\" >$97,042 <\/td><td data-cell-id=\"G22\" data-x=\"6\" data-y=\"22\" data-db-index=\"22\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"2.6%\" data-order=\"2.6%\" >2.6% <\/td><\/tr><tr ><td data-cell-id=\"A23\" data-x=\"0\" data-y=\"23\" data-db-index=\"23\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Gap to be Closed\" data-order=\"Gap to be Closed\" >Gap to be Closed <\/td><td data-cell-id=\"B23\" data-x=\"1\" data-y=\"23\" data-db-index=\"23\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" - \" data-order=\" - \" > - <\/td><td data-cell-id=\"C23\" data-x=\"2\" data-y=\"23\" data-db-index=\"23\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\" - \" data-order=\" - \" > - <\/td><td data-cell-id=\"D23\" data-x=\"3\" data-y=\"23\" data-db-index=\"23\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"($2,185)\" data-order=\"($2,185)\" >($2,185) <\/td><td data-cell-id=\"E23\" data-x=\"4\" data-y=\"23\" data-db-index=\"23\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"($1,468)\" data-order=\"($1,468)\" >($1,468) <\/td><td data-cell-id=\"F23\" data-x=\"5\" data-y=\"23\" data-db-index=\"23\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"($1,745)\" data-order=\"($1,745)\" >($1,745) <\/td><td data-cell-id=\"G23\" data-x=\"6\" data-y=\"23\" data-db-index=\"23\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><\/tr><\/tbody><\/table><!-- \/#supsystic-table-6.supsystic-table --><\/div><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.20 --><!-- http:\/\/supsystic.com\/ --><\/p>\n<p>  <small><a href=\"http:\/\/www1.nyc.gov\/assets\/omb\/downloads\/pdf\/tech2-18.pdf\">Source: OMB February 2018 Financial Plan for Fiscal Years 2018-2022<\/a><\/small><\/p>\n<div class=\"row\">\n<div class=\"columns large-6\">\n      <strong>Closing the Gap<\/strong><br \/>\n      Besides bringing down reserves, the budget is balanced in large part through the Citywide Savings Program and re-estimations of expenses and revenues. The table above, \u201cClosing the Gap\u201d, shows the breakdown among these items.<\/p>\n<p>      The property tax alone is estimated to generate $268 million more in Fiscal 2018, compared to the November Plan, and revenues from audits are now expected to be $449 million greater than in the November Plan.<\/p>\n<p>      The Citywide Savings Plan includes an array of initiatives across city agencies that both decrease expenses and increase revenue. These initiatives range from hiring delays and efficiencies, to new programs such as the \u201cProperty Image Capture\u201d program by the Department of Finance, which is estimated to save over $53 million a year each year after Fiscal 2018.\n    <\/p><\/div>\n<div class=\"columns large-6\">\n      <div class=\"supsystic-table-loader la-ball-clip-rotate-multiple la-2x\" style=\"color:#2f57a6\"><div><\/div><div><\/div><\/div><div id=\"supsystic-table-3_75171\" class=\"supsystic-tables-wrap \" style=\" width:100%; visibility: hidden; \" data-table-width-fixed=\"100%\" ><table id=\"supsystic-table-3\" class=\"supsystic-table border stripe lightboxImg row-border\" data-id=\"3\" data-view-id=\"3_75171\" data-title=\"Closing the Gap, City Funds\" data-currency-format=\"$1,000.00\" data-percent-format=\"10.00%\" data-date-format=\"DD.MM.YYYY\" data-time-format=\"HH:mm\" data-features=\"[&quot;after_table_loaded_script&quot;]\" data-search-value=\"\" data-lightbox-img=\"\" data-head-rows-count=\"1\" data-pagination-length=\"50,100,All\" data-auto-index=\"off\" data-searching-settings=\"{&quot;minChars&quot;:&quot;0&quot;}\" data-lang=\"default\" data-override=\"{&quot;emptyTable&quot;:&quot;&quot;,&quot;info&quot;:&quot;&quot;,&quot;infoEmpty&quot;:&quot;&quot;,&quot;infoFiltered&quot;:&quot;&quot;,&quot;lengthMenu&quot;:&quot;&quot;,&quot;search&quot;:&quot;&quot;,&quot;zeroRecords&quot;:&quot;&quot;,&quot;exportLabel&quot;:&quot;&quot;,&quot;file&quot;:&quot;default&quot;}\" data-merged=\"[{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:3},{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:3},{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:3}]\" data-responsive-mode=\"0\" data-from-history=\"0\" ><thead><tr><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><\/tr><\/thead><tbody><tr ><td data-cell-id=\"A1\" data-x=\"0\" data-y=\"1\" data-db-index=\"1\" class=\"color-ffffff bold bg-12b886 fsize-18 htLeft\" data-cell-type=\"text\" data-original-value=\"Closing the Gap, City Funds\" data-order=\"Closing the Gap, City Funds\" style=\"min-width:59.8706%; \" data-colspan=\"3\" data-rowspan=\"1\" >Closing the Gap, City Funds <\/td><td data-cell-id=\"B1\" data-x=\"1\" data-y=\"1\" data-db-index=\"1\" class=\"bg-12b886 color-ffffff fsize-18 htLeft\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" style=\"min-width:20.0647%; \" data-hide=\"true\" ><\/td><td data-cell-id=\"C1\" data-x=\"2\" data-y=\"1\" data-db-index=\"1\" class=\"bg-12b886 color-ffffff fsize-18 htLeft\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" style=\"min-width:20.0647%; \" data-hide=\"true\" ><\/td><\/tr><tr ><td data-cell-id=\"A2\" data-x=\"0\" data-y=\"2\" data-db-index=\"2\" class=\"fsize-14 bg-12b886 color-ffffff italic\" data-cell-type=\"text\" data-original-value=\"Dollars in Millions\" data-order=\"Dollars in Millions\" >Dollars in Millions <\/td><td data-cell-id=\"B2\" data-x=\"1\" data-y=\"2\" data-db-index=\"2\" class=\"fsize-14 bg-12b886 color-ffffff\" data-cell-type=\"text\" data-original-value=\"FY 2018\" data-order=\"FY 2018\" >FY 2018 <\/td><td data-cell-id=\"C2\" data-x=\"2\" data-y=\"2\" data-db-index=\"2\" class=\"fsize-14 bg-12b886 color-ffffff\" data-cell-type=\"text\" data-original-value=\"FY 2019\" data-order=\"FY 2019\" >FY 2019 <\/td><\/tr><tr ><td data-cell-id=\"A3\" data-x=\"0\" data-y=\"3\" data-db-index=\"3\" class=\"fsize-14 bold\" data-cell-type=\"text\" data-original-value=\"Gap as of November 2017 Financial Plan\" data-order=\"Gap as of November 2017 Financial Plan\" >Gap as of November 2017 Financial Plan <\/td><td data-cell-id=\"B3\" data-x=\"1\" data-y=\"3\" data-db-index=\"3\" class=\"fsize-14 bold\" data-cell-type=\"text\" data-original-value=\"$0 \" data-order=\"$0 \" >$0 <\/td><td data-cell-id=\"C3\" data-x=\"2\" data-y=\"3\" data-db-index=\"3\" class=\"fsize-14 bold\" data-cell-type=\"text\" data-original-value=\"($3,176)\" data-order=\"($3,176)\" >($3,176) <\/td><\/tr><tr ><td data-cell-id=\"A4\" data-x=\"0\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14 bold\" data-cell-type=\"text\" data-original-value=\"REVENUE BUDGET CHANGES\" data-order=\"REVENUE BUDGET CHANGES\" >REVENUE BUDGET CHANGES <\/td><td data-cell-id=\"B4\" data-x=\"1\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"C4\" data-x=\"2\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><\/tr><tr ><td data-cell-id=\"A5\" data-x=\"0\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Tax Revenues, net of audits\" data-order=\"Tax Revenues, net of audits\" >Tax Revenues, net of audits <\/td><td data-cell-id=\"B5\" data-x=\"1\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$252 \" data-order=\"$252 \" >$252 <\/td><td data-cell-id=\"C5\" data-x=\"2\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$105 \" data-order=\"$105 \" >$105 <\/td><\/tr><tr ><td data-cell-id=\"A6\" data-x=\"0\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Audits\" data-order=\"Audits\" >Audits <\/td><td data-cell-id=\"B6\" data-x=\"1\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$449 \" data-order=\"$449 \" >$449 <\/td><td data-cell-id=\"C6\" data-x=\"2\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$335 \" data-order=\"$335 \" >$335 <\/td><\/tr><tr ><td data-cell-id=\"A7\" data-x=\"0\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Other Revenues\" data-order=\"Other Revenues\" >Other Revenues <\/td><td data-cell-id=\"B7\" data-x=\"1\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$248 \" data-order=\"$248 \" >$248 <\/td><td data-cell-id=\"C7\" data-x=\"2\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$28 \" data-order=\"$28 \" >$28 <\/td><\/tr><tr ><td data-cell-id=\"A8\" data-x=\"0\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"SUBTOTAL\" data-order=\"SUBTOTAL\" >SUBTOTAL <\/td><td data-cell-id=\"B8\" data-x=\"1\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$949 \" data-order=\"$949 \" >$949 <\/td><td data-cell-id=\"C8\" data-x=\"2\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$468 \" data-order=\"$468 \" >$468 <\/td><\/tr><tr ><td data-cell-id=\"A9\" data-x=\"0\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14 bold\" data-cell-type=\"text\" data-original-value=\"EXPENSE BUDGET CHANGES\" data-order=\"EXPENSE BUDGET CHANGES\" >EXPENSE BUDGET CHANGES <\/td><td data-cell-id=\"B9\" data-x=\"1\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><td data-cell-id=\"C9\" data-x=\"2\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" ><\/td><\/tr><tr ><td data-cell-id=\"A10\" data-x=\"0\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Agency Expense Changes\" data-order=\"Agency Expense Changes\" >Agency Expense Changes <\/td><td data-cell-id=\"B10\" data-x=\"1\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$384 \" data-order=\"$384 \" >$384 <\/td><td data-cell-id=\"C10\" data-x=\"2\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$366 \" data-order=\"$366 \" >$366 <\/td><\/tr><tr ><td data-cell-id=\"A11\" data-x=\"0\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Pensions\" data-order=\"Pensions\" >Pensions <\/td><td data-cell-id=\"B11\" data-x=\"1\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$3 \" data-order=\"$3 \" >$3 <\/td><td data-cell-id=\"C11\" data-x=\"2\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$54 \" data-order=\"$54 \" >$54 <\/td><\/tr><tr ><td data-cell-id=\"A12\" data-x=\"0\" data-y=\"12\" data-db-index=\"12\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Labor Reserves\" data-order=\"Labor Reserves\" >Labor Reserves <\/td><td data-cell-id=\"B12\" data-x=\"1\" data-y=\"12\" data-db-index=\"12\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"($40)\" data-order=\"($40)\" >($40) <\/td><td data-cell-id=\"C12\" data-x=\"2\" data-y=\"12\" data-db-index=\"12\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"($75)\" data-order=\"($75)\" >($75) <\/td><\/tr><tr ><td data-cell-id=\"A13\" data-x=\"0\" data-y=\"13\" data-db-index=\"13\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Citywide Savings Program\" data-order=\"Citywide Savings Program\" >Citywide Savings Program <\/td><td data-cell-id=\"B13\" data-x=\"1\" data-y=\"13\" data-db-index=\"13\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"($432)\" data-order=\"($432)\" >($432) <\/td><td data-cell-id=\"C13\" data-x=\"2\" data-y=\"13\" data-db-index=\"13\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"($469)\" data-order=\"($469)\" >($469) <\/td><\/tr><tr ><td data-cell-id=\"A14\" data-x=\"0\" data-y=\"14\" data-db-index=\"14\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Takedown of General Reserve\" data-order=\"Takedown of General Reserve\" >Takedown of General Reserve <\/td><td data-cell-id=\"B14\" data-x=\"1\" data-y=\"14\" data-db-index=\"14\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"($900)\" data-order=\"($900)\" >($900) <\/td><td data-cell-id=\"C14\" data-x=\"2\" data-y=\"14\" data-db-index=\"14\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$0 \" data-order=\"$0 \" >$0 <\/td><\/tr><tr ><td data-cell-id=\"A15\" data-x=\"0\" data-y=\"15\" data-db-index=\"15\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Takedown of Capital Stabilization Reserve\" data-order=\"Takedown of Capital Stabilization Reserve\" >Takedown of Capital Stabilization Reserve <\/td><td data-cell-id=\"B15\" data-x=\"1\" data-y=\"15\" data-db-index=\"15\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"($250)\" data-order=\"($250)\" >($250) <\/td><td data-cell-id=\"C15\" data-x=\"2\" data-y=\"15\" data-db-index=\"15\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$0 \" data-order=\"$0 \" >$0 <\/td><\/tr><tr ><td data-cell-id=\"A16\" data-x=\"0\" data-y=\"16\" data-db-index=\"16\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Re-estimate of Prior Years&#039; Expenses &amp; receivables\" data-order=\"Re-estimate of Prior Years&#039; Expenses &amp; receivables\" >Re-estimate of Prior Years' Expenses & receivables <\/td><td data-cell-id=\"B16\" data-x=\"1\" data-y=\"16\" data-db-index=\"16\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"($400)\" data-order=\"($400)\" >($400) <\/td><td data-cell-id=\"C16\" data-x=\"2\" data-y=\"16\" data-db-index=\"16\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$0 \" data-order=\"$0 \" >$0 <\/td><\/tr><tr ><td data-cell-id=\"A17\" data-x=\"0\" data-y=\"17\" data-db-index=\"17\" class=\"fsize-14 bold\" data-cell-type=\"text\" data-original-value=\"SUBTOTAL\" data-order=\"SUBTOTAL\" >SUBTOTAL <\/td><td data-cell-id=\"B17\" data-x=\"1\" data-y=\"17\" data-db-index=\"17\" class=\"fsize-14 bold\" data-cell-type=\"text\" data-original-value=\"($1,635)\" data-order=\"($1,635)\" >($1,635) <\/td><td data-cell-id=\"C17\" data-x=\"2\" data-y=\"17\" data-db-index=\"17\" class=\"fsize-14 bold\" data-cell-type=\"text\" data-original-value=\"($124)\" data-order=\"($124)\" >($124) <\/td><\/tr><tr ><td data-cell-id=\"A18\" data-x=\"0\" data-y=\"18\" data-db-index=\"18\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"TOTAL: Gap Before Prepayments\" data-order=\"TOTAL: Gap Before Prepayments\" >TOTAL: Gap Before Prepayments <\/td><td data-cell-id=\"B18\" data-x=\"1\" data-y=\"18\" data-db-index=\"18\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$2,584 \" data-order=\"$2,584 \" >$2,584 <\/td><td data-cell-id=\"C18\" data-x=\"2\" data-y=\"18\" data-db-index=\"18\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"($2,584)\" data-order=\"($2,584)\" >($2,584) <\/td><\/tr><tr ><td data-cell-id=\"A19\" data-x=\"0\" data-y=\"19\" data-db-index=\"19\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"FY 2018 Prepayment of FY2019 Expenses\" data-order=\"FY 2018 Prepayment of FY2019 Expenses\" >FY 2018 Prepayment of FY2019 Expenses <\/td><td data-cell-id=\"B19\" data-x=\"1\" data-y=\"19\" data-db-index=\"19\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"($2,584)\" data-order=\"($2,584)\" >($2,584) <\/td><td data-cell-id=\"C19\" data-x=\"2\" data-y=\"19\" data-db-index=\"19\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$2,584 \" data-order=\"$2,584 \" >$2,584 <\/td><\/tr><tr ><td data-cell-id=\"A20\" data-x=\"0\" data-y=\"20\" data-db-index=\"20\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"NEW GAP in Preliminary Financial Plan\" data-order=\"NEW GAP in Preliminary Financial Plan\" >NEW GAP in Preliminary Financial Plan <\/td><td data-cell-id=\"B20\" data-x=\"1\" data-y=\"20\" data-db-index=\"20\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$0 \" data-order=\"$0 \" >$0 <\/td><td data-cell-id=\"C20\" data-x=\"2\" data-y=\"20\" data-db-index=\"20\" class=\"bold fsize-14\" data-cell-type=\"text\" data-original-value=\"$0 \" data-order=\"$0 \" >$0 <\/td><\/tr><\/tbody><\/table><!-- \/#supsystic-table-3.supsystic-table --><\/div><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.20 --><!-- http:\/\/supsystic.com\/ --><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><!\u2013PRELIMINARY EXPENSE BUDGET \u2013><\/p>\n<div class=\"tabs-panel\" id=\"preliminary-expense-budget\" style=\"padding:0;\">\n<div class=\"row collapse\">\n<div class=\"row\">\n<div class=\"columns large-4\">\n<h3>Revenue Budget<\/h3>\n<p>          Revenue in Fiscal 2019 will total roughly $88.67 billion, 2.2 percent higher than Fiscal 2018. Revenues come from a handful of sources, including local taxes, miscellaneous revenues, and state and federal categorical grants.<\/p>\n<p>          City taxes in Fiscal 2019 will total $60.0 billion, up 3.5 percent from Fiscal 2018. Property tax is the largest share, approximately 46 percent, and the personal income tax is the second largest share, at 20 percent.\n        <\/p><\/div>\n<div class=\"columns large-4\">\n<div align = \"center\">\n            <em>FY19 Revenues in Preliminary Budget<\/em><\/p>\n<div class=\"flex-video\" style=\"padding-bottom:90%;\">\n              <iframe src=\"https:\/\/newyorkcitycouncil.github.io\/datavis\/templates\/doughnut21\/index.html\"  frameborder=\"0\" allowfullscreen><\/iframe>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"columns large-4\">\n<div align = \"center\">\n          <em>FY19 Taxes in Preliminary Budget<\/em><\/p>\n<div class=\"flex-video\" style=\"padding-bottom:90%;\">\n            <iframe src=\"https:\/\/newyorkcitycouncil.github.io\/datavis\/templates\/doughnut22\/index.html\"  frameborder=\"0\" allowfullscreen><\/iframe>\n          <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<h3>Expense Budget<\/h3>\n<p>    The City\u2019s Fiscal 2019 Preliminary Budget totals $88.67 billion, an increase of $3.4 billion when compared to the Fiscal 2018 Adopted Budget and $1.2 billion when compared to the Fiscal 2018 Budget as of the Preliminary Plan. <\/p>\n<p>The planned spending growth is supported mostly by a City funds increase of $2.6 billion from the current Fiscal 2018 Budget. The City funds increase totals $3.4 billion from the Fiscal 2018 Adopted Budget to the Fiscal 2019 Preliminary Budget.<\/p>\n<h3>Personal Spending<\/h3>\n<div class=\"row\">\n<div class=\"columns large-7\">\n        <em>Personal Spending and Other Than Personal Spending, FY 2016 &#8211; FY 2022<\/em><\/p>\n<div class=\"flex-video\" style=\"padding-bottom:110%;\">\n          <iframe src=\"https:\/\/newyorkcitycouncil.github.io\/datavis\/templates\/stackedbar11\/index.html\"  frameborder=\"0\" allowfullscreen><\/iframe>\n        <\/div>\n<\/p><\/div>\n<div class=\"columns large-5\">\n        Personal Services (PS) expenditures and Other Than Personal Spending (OTPS) continue to increase steadily year-over-year. Personal Services (PS) expenditures include salaries, wages, and fringe benefits, and Other Than Personal Spending (OTPS) spending, includes supplies, contracts, public assistance, medical assistance, and other non-PS related expenditures. <\/p>\n<p>The Fiscal 2019 Preliminary Budget for PS and OTPS totals $85.9 billion, of which approximately 58 percent is for PS and 42 percent is for OTPS. As indicated by the graph, PS spending has grown as a share of the City\u2019s budget from approximately 56 percent in Fiscal 2016 to 58 percent in the Preliminary Budget for Fiscal 2019.  <\/p>\n<p>Spending growth in Fiscal 2019 is primarily driven by PS increases for salaries, wages and fringe benefits totaling approximately $2.5 billion.\n      <\/p><\/div>\n<\/p><\/div>\n<div class=\"row\">\n<div class=\"columns large-4\">\n<h3>Citywide Budgeted Headcount<\/h3>\n<p>    The City\u2019s Fiscal 2019 Personal Services (PS) Budget of $46.4 billion for Fiscal 2019 supports 303,406 positions full-time budgeted positions and 26,818 Full-Time Equivalent Personnel (FTE).\u00a0<\/p>\n<p>Of these totals, 83.6 percent of full time positions and 92.3 percent of Full-Time Equivalent Personnel are City funded. <\/p>\n<p>Education and public safety workers make up 73 percent of the City\u2019s workforce.\n      <\/p><\/div>\n<div class=\"columns large-5\">\n<div align = \"center\">\n        <em>Fiscal 2019 FT Headcount: 330,224 positions<\/em><\/p>\n<div class=\"flex-video\" style=\"padding-bottom:90%;\">\n          <iframe src=\"https:\/\/newyorkcitycouncil.github.io\/datavis\/templates\/doughnut23\/index.html\" frameborder=\"0\" allowfullscreen><\/iframe>\n        <\/div>\n<\/div><\/div>\n<div class=\"columns large-3\">\n<div align = \"center\">\n<div class=\"callout\">\n<h5>Major Employee Groups<\/h5>\n<p>            <strong>Education<\/strong><br \/>\n            77,446 teachers<br \/>\n            <strong>Public Safety<\/strong><br \/>\n            35,941 police officers<br \/>\n            10,946 firefighters<br \/>\n            9,967 correction officers<br \/>\n            <strong>Public Works<\/strong><br \/>\n            7,634 sanitation workers<br \/>\n            <strong>Human Services<\/strong><br \/>\n            14,714 workers\n          <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<h3>Salaries, Wages, and Fringe Benefits<\/h3>\n<p>    While the Financial Plan includes a modest increase in budgeted headcount for Fiscal 2019, the City anticipates spending over $27 billion on salaries and wages in Fiscal 2019, an increase of 4.8 percent from Fiscal 2018. <\/p>\n<p>Spending on salaries and wages will increase by an average of 1.3 percent annually through Fiscal 2022. These projections include wage adjustments from previous rounds of collective bargaining that have been implemented, as well as 1.0 percent annual wage increases for employees in the years beyond the current rounds of collective bargaining.<\/p>\n<p>    <div class=\"supsystic-table-loader la-ball-clip-rotate-multiple la-2x\" style=\"color:#2f57a6\"><div><\/div><div><\/div><\/div><div id=\"supsystic-table-8_6725\" class=\"supsystic-tables-wrap \" style=\" width:100%; visibility: hidden; \" data-table-width-fixed=\"100%\" ><table id=\"supsystic-table-8\" class=\"supsystic-table border stripe lightboxImg row-border\" data-id=\"8\" data-view-id=\"8_6725\" data-title=\"Fringe Benefit Expenditures as of the Preliminary Plan (Excluding Pensions)\" data-currency-format=\"$1,000.00\" data-percent-format=\"10.00%\" data-date-format=\"DD.MM.YYYY\" data-time-format=\"HH:mm\" data-features=\"[&quot;after_table_loaded_script&quot;]\" data-search-value=\"\" data-lightbox-img=\"\" data-head-rows-count=\"1\" data-pagination-length=\"50,100,All\" data-auto-index=\"off\" data-searching-settings=\"{&quot;minChars&quot;:&quot;0&quot;}\" data-lang=\"default\" data-override=\"{&quot;emptyTable&quot;:&quot;&quot;,&quot;info&quot;:&quot;&quot;,&quot;infoEmpty&quot;:&quot;&quot;,&quot;infoFiltered&quot;:&quot;&quot;,&quot;lengthMenu&quot;:&quot;&quot;,&quot;search&quot;:&quot;&quot;,&quot;zeroRecords&quot;:&quot;&quot;,&quot;exportLabel&quot;:&quot;&quot;,&quot;file&quot;:&quot;default&quot;}\" data-merged=\"[{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:4},{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:4},{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:4},{&quot;row&quot;:0,&quot;col&quot;:0,&quot;rowspan&quot;:1,&quot;colspan&quot;:4}]\" data-responsive-mode=\"0\" data-from-history=\"0\" ><thead><tr><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><th class=\"\" style=\"width:; padding: 0 !important;\"><\/th><\/tr><\/thead><tbody><tr ><td data-cell-id=\"A1\" data-x=\"0\" data-y=\"1\" data-db-index=\"1\" class=\"color-ffffff fsize-18 bg-82c91e htCenter\" data-cell-type=\"text\" data-original-value=\"Fringe Benefits in the Preliminary Plan\" data-order=\"Fringe Benefits in the Preliminary Plan\" style=\"min-width:25%; \" data-colspan=\"4\" data-rowspan=\"1\" >Fringe Benefits in the Preliminary Plan <\/td><td data-cell-id=\"B1\" data-x=\"1\" data-y=\"1\" data-db-index=\"1\" class=\"color-ffffff fsize-18 bg-82c91e htCenter\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" style=\"min-width:25%; \" data-hide=\"true\" ><\/td><td data-cell-id=\"C1\" data-x=\"2\" data-y=\"1\" data-db-index=\"1\" class=\"color-ffffff fsize-18 bg-82c91e htCenter\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" style=\"min-width:25%; \" data-hide=\"true\" ><\/td><td data-cell-id=\"D1\" data-x=\"3\" data-y=\"1\" data-db-index=\"1\" class=\"bg-82c91e htCenter\" data-cell-type=\"text\" data-original-value=\"\" data-order=\"\" style=\"min-width:25%; \" data-hide=\"true\" ><\/td><\/tr><tr ><td data-cell-id=\"A2\" data-x=\"0\" data-y=\"2\" data-db-index=\"2\" class=\"fsize-14 color-ffffff bg-82c91e\" data-cell-type=\"text\" data-original-value=\"Dollars in Millions\" data-order=\"Dollars in Millions\" >Dollars in Millions <\/td><td data-cell-id=\"B2\" data-x=\"1\" data-y=\"2\" data-db-index=\"2\" class=\"fsize-14 color-ffffff bg-82c91e\" data-cell-type=\"text\" data-original-value=\"FY 2018\" data-order=\"FY 2018\" >FY 2018 <\/td><td data-cell-id=\"C2\" data-x=\"2\" data-y=\"2\" data-db-index=\"2\" class=\"fsize-14 color-ffffff bg-82c91e\" data-cell-type=\"text\" data-original-value=\"FY 2019\" data-order=\"FY 2019\" >FY 2019 <\/td><td data-cell-id=\"D2\" data-x=\"3\" data-y=\"2\" data-db-index=\"2\" class=\"bg-82c91e color-ffffff\" data-cell-type=\"text\" data-original-value=\"% Change\" data-order=\"% Change\" >% Change <\/td><\/tr><tr ><td data-cell-id=\"A3\" data-x=\"0\" data-y=\"3\" data-db-index=\"3\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Health Insurance\" data-order=\"Health Insurance\" >Health Insurance <\/td><td data-cell-id=\"B3\" data-x=\"1\" data-y=\"3\" data-db-index=\"3\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$5,900\" data-order=\"$5,900\" >$5,900 <\/td><td data-cell-id=\"C3\" data-x=\"2\" data-y=\"3\" data-db-index=\"3\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"$6,830\" data-order=\"$6,830\" >$6,830 <\/td><td data-cell-id=\"D3\" data-x=\"3\" data-y=\"3\" data-db-index=\"3\" class=\"\" data-cell-type=\"text\" data-original-value=\"16%\" data-order=\"16%\" >16% <\/td><\/tr><tr ><td data-cell-id=\"A4\" data-x=\"0\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Social Security\" data-order=\"Social Security\" >Social Security <\/td><td data-cell-id=\"B4\" data-x=\"1\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"1,949\" data-order=\"1,949\" >1,949 <\/td><td data-cell-id=\"C4\" data-x=\"2\" data-y=\"4\" data-db-index=\"4\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"2,050\" data-order=\"2,050\" >2,050 <\/td><td data-cell-id=\"D4\" data-x=\"3\" data-y=\"4\" data-db-index=\"4\" class=\"\" data-cell-type=\"text\" data-original-value=\"5%\" data-order=\"5%\" >5% <\/td><\/tr><tr ><td data-cell-id=\"A5\" data-x=\"0\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Supplemental Welfare Benefits\" data-order=\"Supplemental Welfare Benefits\" >Supplemental Welfare Benefits <\/td><td data-cell-id=\"B5\" data-x=\"1\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"1,108\" data-order=\"1,108\" >1,108 <\/td><td data-cell-id=\"C5\" data-x=\"2\" data-y=\"5\" data-db-index=\"5\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"1,163\" data-order=\"1,163\" >1,163 <\/td><td data-cell-id=\"D5\" data-x=\"3\" data-y=\"5\" data-db-index=\"5\" class=\"\" data-cell-type=\"text\" data-original-value=\"5%\" data-order=\"5%\" >5% <\/td><\/tr><tr ><td data-cell-id=\"A6\" data-x=\"0\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Worker&#039;s Compensation\" data-order=\"Worker&#039;s Compensation\" >Worker's Compensation <\/td><td data-cell-id=\"B6\" data-x=\"1\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"317\" data-order=\"317\" >317 <\/td><td data-cell-id=\"C6\" data-x=\"2\" data-y=\"6\" data-db-index=\"6\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"343\" data-order=\"343\" >343 <\/td><td data-cell-id=\"D6\" data-x=\"3\" data-y=\"6\" data-db-index=\"6\" class=\"\" data-cell-type=\"text\" data-original-value=\"8%\" data-order=\"8%\" >8% <\/td><\/tr><tr ><td data-cell-id=\"A7\" data-x=\"0\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Annuity Contributions\" data-order=\"Annuity Contributions\" >Annuity Contributions <\/td><td data-cell-id=\"B7\" data-x=\"1\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"119\" data-order=\"119\" >119 <\/td><td data-cell-id=\"C7\" data-x=\"2\" data-y=\"7\" data-db-index=\"7\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"119\" data-order=\"119\" >119 <\/td><td data-cell-id=\"D7\" data-x=\"3\" data-y=\"7\" data-db-index=\"7\" class=\"\" data-cell-type=\"text\" data-original-value=\"0%\" data-order=\"0%\" >0% <\/td><\/tr><tr ><td data-cell-id=\"A8\" data-x=\"0\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Allowance for Uniforms\" data-order=\"Allowance for Uniforms\" >Allowance for Uniforms <\/td><td data-cell-id=\"B8\" data-x=\"1\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"73\" data-order=\"73\" >73 <\/td><td data-cell-id=\"C8\" data-x=\"2\" data-y=\"8\" data-db-index=\"8\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"72\" data-order=\"72\" >72 <\/td><td data-cell-id=\"D8\" data-x=\"3\" data-y=\"8\" data-db-index=\"8\" class=\"\" data-cell-type=\"text\" data-original-value=\"(2%)\" data-order=\"(2%)\" >(2%) <\/td><\/tr><tr ><td data-cell-id=\"A9\" data-x=\"0\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Worker&#039;s Compensation - Uniformed\" data-order=\"Worker&#039;s Compensation - Uniformed\" >Worker's Compensation - Uniformed <\/td><td data-cell-id=\"B9\" data-x=\"1\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"37\" data-order=\"37\" >37 <\/td><td data-cell-id=\"C9\" data-x=\"2\" data-y=\"9\" data-db-index=\"9\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"41\" data-order=\"41\" >41 <\/td><td data-cell-id=\"D9\" data-x=\"3\" data-y=\"9\" data-db-index=\"9\" class=\"\" data-cell-type=\"text\" data-original-value=\"12%\" data-order=\"12%\" >12% <\/td><\/tr><tr ><td data-cell-id=\"A10\" data-x=\"0\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Unemployment Insurance\" data-order=\"Unemployment Insurance\" >Unemployment Insurance <\/td><td data-cell-id=\"B10\" data-x=\"1\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"36\" data-order=\"36\" >36 <\/td><td data-cell-id=\"C10\" data-x=\"2\" data-y=\"10\" data-db-index=\"10\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"36\" data-order=\"36\" >36 <\/td><td data-cell-id=\"D10\" data-x=\"3\" data-y=\"10\" data-db-index=\"10\" class=\"\" data-cell-type=\"text\" data-original-value=\"2%\" data-order=\"2%\" >2% <\/td><\/tr><tr ><td data-cell-id=\"A11\" data-x=\"0\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Other Fringe Benefits\" data-order=\"Other Fringe Benefits\" >Other Fringe Benefits <\/td><td data-cell-id=\"B11\" data-x=\"1\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"22\" data-order=\"22\" >22 <\/td><td data-cell-id=\"C11\" data-x=\"2\" data-y=\"11\" data-db-index=\"11\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"12\" data-order=\"12\" >12 <\/td><td data-cell-id=\"D11\" data-x=\"3\" data-y=\"11\" data-db-index=\"11\" class=\"\" data-cell-type=\"text\" data-original-value=\"(45%)\" data-order=\"(45%)\" >(45%) <\/td><\/tr><tr ><td data-cell-id=\"A12\" data-x=\"0\" data-y=\"12\" data-db-index=\"12\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Faculty Welfare Benefits\" data-order=\"Faculty Welfare Benefits\" >Faculty Welfare Benefits <\/td><td data-cell-id=\"B12\" data-x=\"1\" data-y=\"12\" data-db-index=\"12\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"12\" data-order=\"12\" >12 <\/td><td data-cell-id=\"C12\" data-x=\"2\" data-y=\"12\" data-db-index=\"12\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"12\" data-order=\"12\" >12 <\/td><td data-cell-id=\"D12\" data-x=\"3\" data-y=\"12\" data-db-index=\"12\" class=\"\" data-cell-type=\"text\" data-original-value=\"0%\" data-order=\"0%\" >0% <\/td><\/tr><tr ><td data-cell-id=\"A13\" data-x=\"0\" data-y=\"13\" data-db-index=\"13\" class=\"fsize-14\" data-cell-type=\"text\" data-original-value=\"Disability Insurance\" data-order=\"Disability Insurance\" >Disability Insurance <\/td><td data-cell-id=\"B13\" data-x=\"1\" data-y=\"13\" data-db-index=\"13\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"1\" data-order=\"1\" >1 <\/td><td data-cell-id=\"C13\" data-x=\"2\" data-y=\"13\" data-db-index=\"13\" class=\"fsize-14\" data-cell-type=\"text\" data-cell-format-type=\"number\" data-original-value=\"1\" data-order=\"1\" >1 <\/td><td data-cell-id=\"D13\" data-x=\"3\" data-y=\"13\" data-db-index=\"13\" class=\"\" data-cell-type=\"text\" data-original-value=\"0%\" data-order=\"0%\" >0% <\/td><\/tr><\/tbody><\/table><!-- \/#supsystic-table-8.supsystic-table --><\/div><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.20 --><!-- http:\/\/supsystic.com\/ --><\/p>\n<h3>Pensions<\/h3>\n<p>    Pension expenses in the Plan reflect the impact of Fiscal 2017 investment returns of 12.95 percent (net of investment fees) \u2013 higher than the assumed actuarial rate of seven percent. <\/p>\n<p>This resulted in reductions in the City\u2019s required contribution of $140 million, $280 million, $420 million, and $560 million in Fiscal 2019 through 2022, respectively.<\/p>\n<h3>Other than Personal Services (OTPS) Spending<\/h3>\n<p>    The Fiscal 2019 Preliminary OTPS Budget totals $35.6 billion. Like overall PS spending for Fiscal 2019, the DOE has the largest proportion of the City\u2019s total OTPS budget, totaling $9.7 billion, or 27 percent. <\/p>\n<p>After DOE, the Department of Social Services (DSS) has the second largest OTPS budget, totaling $9 billion, or 25 percent. <\/p>\n<p>The largest overall component of OTPS spending is contractual services, and the DOE and the human services agencies \u2013 the Department of Social Services, The Department of Homeless Services, and the Administration for Children\u2019s Services &#8211; drive this spending.<\/p>\n<h3>Contract Budget<\/h3>\n<div class=\"row\">\n<div class=\"columns large-7\">\n        The contract budget is a subset of the City\u2019s OTPS Budget and represents the outsourcing of the delivery of public services such as student instruction, child care, and employment training, and contractual services used to support the operation of the City government such as information technology services, cleaning, and legal services.  <\/p>\n<p>The Preliminary Fiscal 2019 Contract Budget is approximately $15.6 billion, representing 17 percent of the City\u2019s total budget.  <\/p>\n<p>Over the last ten years, the contract budget has increased from less than 15 percent, to more than 18 percent, of the total budget.\n      <\/p><\/div>\n<div class=\"columns large-5\">\n          <em>Contracts as a Percent of Budget<\/em><\/p>\n<div class=\"flex-video\" style=\"padding-bottom:60%;\">\n            <iframe src=\"https:\/\/newyorkcitycouncil.github.io\/datavis\/templates\/line9\/index.html\"  frameborder=\"0\" allowfullscreen><\/iframe>\n          <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<h3>Preliminary Financial Plan Actions<\/h3>\n<p>The City\u2019s budget, reflecting shifting priorities and public service needs, has changed significantly during the past four years. <\/p>\n<p>Over $33.3 billion in new need spending has been added to the City\u2019s budget since the February 2014 Financial Plan, which introduced the Preliminary Fiscal 2015 Budget. <\/p>\n<p>About 30 percent of this new spending was introduced in the Fiscal 2017 Financial Plans, (February 2016 through November 2016), which span Fiscal 2017 to Fiscal 2020, to support the DOE, DSS, DHS, and DOC.  The cumulative value of all new needs and other adjustments (which includes savings) for each fiscal year introduced since the Preliminary Fiscal 2015 Budget to this Preliminary Plan are displayed in the next graph. This shows the relatively modest size of the changes introduced in the Fiscal 2019 Preliminary Budget.<\/p>\n<h3>Significant New Needs<\/h3>\n<p>    <strong>Homeless Services<\/strong><\/p>\n<div class=\"row\">\n<div class=\"columns large-6\">\nThe largest new need introduced in the Fiscal 2019 Preliminary Budget is $169 million in baselined funding for the homeless shelter spending re-estimate, of which $150 million are City funds. <\/p>\n<p>This accounts for 44 percent of all new needs for the upcoming fiscal year.  <\/p>\n<p>New needs spending in Fiscal 2019 for DHS is disproportional to the agency\u2019s portion of the City\u2019s overall budget. DHS\u2019 Fiscal 2019 Preliminary Budget totals $1.82 billion and is only two percent of the total Fiscal 2019 Preliminary Budget of $88.66 billion.\n  <\/p><\/div>\n<div class=\"columns large-6\">\n    <em>Homeless Shelter New Needs FY 2014 &#8211; FY 2021<\/em><\/p>\n<div class=\"flex-video\" style=\"padding-bottom:60%;\">\n      <iframe src=\"https:\/\/newyorkcitycouncil.github.io\/datavis\/templates\/stackedbar13\/index.html\"  frameborder=\"0\" allowfullscreen><\/iframe>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>Education<\/strong><br \/>\nSpending for education continues to grow in Fiscal 2019 and the outyears. Of the $1.87 billion in new needs across the Preliminary Financial Plan, 13 percent or $242 million supports education related programming. Although this amount is small compared to DOE\u2019s overall budget of $24 billion, it is a large portion of the total new needs introduced in the Financial Plan.<\/p><\/div>\n<\/div>\n<p>Produced by the <a href=\"https:\/\/council.nyc.gov\/budget\/\">Council Finance Division<\/a> and <a href=\"https:\/\/council.nyc.gov\/labs\/\">Council Labs<\/a>  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Report to the City Council Committee on Finance<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-1291","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/council.nyc.gov\/budget\/wp-json\/wp\/v2\/pages\/1291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/council.nyc.gov\/budget\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/council.nyc.gov\/budget\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/council.nyc.gov\/budget\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/council.nyc.gov\/budget\/wp-json\/wp\/v2\/comments?post=1291"}],"version-history":[{"count":0,"href":"https:\/\/council.nyc.gov\/budget\/wp-json\/wp\/v2\/pages\/1291\/revisions"}],"wp:attachment":[{"href":"https:\/\/council.nyc.gov\/budget\/wp-json\/wp\/v2\/media?parent=1291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}