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Where Does NYC's $127B Budget Go?

New York City's $127.0B expense budget is the largest municipal budget in the United States — larger than most state budgets. Education alone consumes 30% at $38.2B. Public safety (NYPD, FDNY, DOC) accounts for $16.8B, while social services and health combine for another $27.0B. The budget has grown 55% over the past decade.

Source: NYC Expense Budget (mwzb-yiwb)
Total Budget
$127.0B
FY2025 Expense Budget
NYC OMB
Education
$38.2B
30.1% of budget
NYC OMB
Public Safety
$16.8B
NYPD + FDNY + DOC
NYC OMB
10-Year Growth
55%
From $82B in FY2016
NYC OMB
Debt Service
$8.2B
6.5% of budget
NYC OMB

Budget by Agency

Source: NYC Expense Budget (mwzb-yiwb)

Spending by Category

Total$127.0B
Education30.1%
Public Safety13.2%
Social Services11.5%
Health & Hospitals9.8%
Debt & Pensions13.2%
Infrastructure6.5%
Other15.7%
Education
$38.2B
Public Safety
$16.8B
Social Services
$14.6B
Health & Hospitals
$12.4B
Debt & Pensions
$16.8B
Infrastructure
$8.2B
Other
$20.0B

Top 10 Agencies by Budget

1.
Dept of Education
$38.2B
2.
NYPD
$11.2B
3.
Social Services (HRA)
$10.8B
4.
Health + Hospitals
$8.6B
5.
Debt Service
$8.2B
6.
Fire Department
$4.3B
7.
Sanitation
$3.9B
8.
Dept of Correction
$2.8B
9.
ACS (Children)
$2.6B
10.
All Others
$26.3B

10-Year Budget Growth

$75.5B$87.9B$100.2B$112.5B$124.8B$137.2BExpense BudgetFY2016FY2018FY2020FY2022FY2024FY2025
$127.0BMin $82.1BMax $127.0BAvg $100.8B
NYC's expense budget has grown from $82.1B in FY2016 to $127B in FY2025 — an increase of 55% in a decade.
Source: NYC Expense Budget (mwzb-yiwb)
Scale Comparison

NYC's $127.0B budget is larger than the entire state budget of 39 U.S. states. The city employs roughly 300,000 people — making it one of the largest employers in the country.

Per Capita

At 8.3 million residents, NYC spends roughly $15,300 per person annually. Education spending alone comes to approximately $4,602.41 per resident, or ~$35,000 per public school student.

Explore agency-level budgets, payroll, and contracts.

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Spending Overview
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$42B in active contracts — top vendors, types, and agency breakdowns.
Revenue Overview
Where NYC's $111B comes from — taxes, federal aid, fees, and fines.
Property Tax Deep Dive
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EXPLORE:Revenue·Spending·Impact·NYPD·DOE·Manhattan·Brooklyn
DATA: NYC OPEN DATA · CHECKBOOK NYC · NYC COMPTROLLER · CENSUS ACS
NYC DASHBOARD · 2025