Capital spending is a separate budget for things meant to last: school buildings, water mains, streets, jails, vehicles and computers, plus city loans for affordable housing and city payments toward transit projects. It is paid for mostly by borrowing. One square is $1 of every $100. Audited, fiscal 2000 to 2025; the city's fiscal year runs from July 1 to June 30.
Capital spending each year, adjusted to fiscal 2025 prices with the New York-area consumer price index. Fiscal 2000, the starting point, was the lowest year in the series. Construction prices rose faster than consumer prices: a federal price index for state and local government construction nearly tripled from fiscal 2000 to 2025, while New York-area consumer prices rose about 90%. Measured with that index, fiscal 2025 spending was about 1.1 times the 2000 level and below 2002 and 2008 to 2010. Click a bar to move the chart above to that year.
Source: New York City Comptroller, annual comprehensive financial reports, Capital Projects Fund expenditures by function and bonds issued, fiscal 2000 to 2025; prices from the Bureau of Labor Statistics consumer price index for the New York metropolitan area; construction prices from the Bureau of Economic Analysis. Debt service is the operating budget's payment on past borrowing (part two).
The $100 of revenue and who pays each tax.