Press Release: City Launches Ten-Year Capital Strategy Website for Fiscal Year 2022 - DCP

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For Immediate Release
July 20, 2021

Contacts:
Melissa Grace, Joe Marvilli – press@planning.nyc.gov (212) 720-3471

City Launches Ten-Year Capital Strategy Website for Fiscal Year 2022

Updated Ten-Year Capital Strategy website offers a summary of $133.7 billion in planned spending, including the guiding principles and investment priorities that inform the City’s capital program

NEW YORK – Department of City Planning (DCP) Director Marisa Lago today announced the launch of the digital version of New York City's Ten-Year Capital Strategy for Fiscal Year 2022. Prepared biennially, the Ten-Year Capital Strategy reflects a broad, long-term vision for the City’s capital investments across all five boroughs.

“Building on our commitment to harness technology to make government more transparent, the Ten-Year Capital Strategy website makes the City’s budget more understandable and easier to navigate than ever. By articulating the guilding principles that steer our spending decisions, and breaking down infrastructure priorities and capital investment at the dollar level, this website shows New Yorkers where the money comes from and where it’s going. This is the type of information that New Yorkers need to help plan with us for a more equitable, resilient future,” DCP Director Marisa Lago said.

Produced with the Mayor’s Office of Management and Budget (OMB), the website lays out the comprehensive capital planning that the City undertakes as part of its responsibility to all New Yorkers, explains the connection between capital investment and strategic priorities, and identifies anticipated sources of funding. With easy-to-read graphics, charts, maps, and more, this interactive version of the strategy makes the content more accessible to community boards, policymakers and the public at large.

The entire report is also available to download as a PDF.

Learn about the City’s plans to allocate $133.7 billion in the current Ten-Year Capital Strategy, including:

An Overview of Spending that shows how capital resources will be allocated by agency, service and lifecycle category, and breaks down the funding source for every dollar

Guiding Principles that provide City agencies with a long-term framework to use in developing their capital project portfolios and underlying planning processes. These four principles are:

Maintain New York City’s financial responsibility

Promote forward-looking, holistic capital planning that anticipates citywide and neighborhood needs of tomorrow

Advance a more equitable New York City through capital investment

Consider community perspectives in capital planning and decision-making

Investment Priorities that help City agencies make capital investments that reflect citywide policy and strategic goals. These five priorities are:

Maintain and modernize our infrastructure and facilities

Strengthen public health and safety

Catalyze economic recovery and broaden access to education

Support growth and preserve affordability in our diverse neighborhoods

Reinforce citywide climate resiliency

In addition, the website now includes the impact of the COVID-19 pandemic on the City’s Capital Program, from the burden on last year’s budget to how DCP and OMB adjusted to prioritize strategies that put the city’s recovery front and center.

The Ten-Year Capital Strategy is separate and distinct from the City’s adopted Capital Budget and four-year Capital Commitment Plan, which, due to the passage of time and other factors, reflect changes from the Ten-Year Capital Strategy. These documents are available on OMB’s website.

The Ten-Year Capital Strategy Plan website is one of many digital platforms DCP has developed to increase transparency and public engagement. Other available tools include:

ZAP, which makes details and status of all land use applications directly available to the public through an intuitive, searchable map-based interface

ZoLa, which provides zoning districts and associated information for any lot in the City

Population Factfinder, which provides any New Yorker the ability to quickly understand the demographics of any part of the five boroughs, and a range of deeper research options

Community District Profiles, which provide a robust, intuitive graphical overview of each of our 59 Community Districts, and handy comparison charts

Facilities Explorer, which provides an intuitive interface to explore where all City or State facilities lie within New York City, and who they serve

Department of City Planning
The Department of City Planning (DCP) plans for the strategic growth and development of the City through ground-up planning with communities, the development of land use policies and zoning regulations applicable citywide, and its contribution to the preparation of the City’s 10-year Capital Strategy. DCP promotes housing production and affordability, fosters economic development and coordinated investments in infrastructure and services, and supports resilient, sustainable communities across the five boroughs for a more equitable New York City.

In addition, DCP supports the City Planning Commission in its annual review of approximately 450 land use applications for a variety of discretionary approvals. The Department also assists both government agencies and the public by advising on strategic and capital planning and providing policy analysis, technical assistance and data relating to housing, transportation, community facilities, demography, zoning, urban design, waterfront areas and public open space.

Office of Management and Budget
The Mayor’s Office of Management and Budget (OMB) is New York City government's chief financial agency. OMB's staff of more than 400 analysts assemble and oversee both the expense and capital budgets. The Agency is also charged with evaluating the efficiency and cost-effectiveness of City services and proposals, and OMB's economists provide vital information to government officials on the local, United States and world economies. OMB also helps implement the City's borrowing and bond programs and conducts legal reviews of capital projects for financing with bond proceeds.