Q&A
Discussion on infrastructure funding sources for DEP projects
4:37:21
·
67 sec
Council Member Marmorato questions the source of $20 billion funding for DEP infrastructure projects. Daniel Garodnick explains that the funding comes from a combination of the city's capital budget and water rate payers.
- Clarification that the infrastructure funding is not from external sources like federal grants
- Marmorato's concern about the burden on existing residents to fund infrastructure improvements
- Discussion on the city's responsibility to fund its own infrastructure projects
Kristy Marmorato
4:37:21
Where's that money coming from?
Daniel Garodnick
4:37:25
If you're asking where the DEP budget comes from?
Kristy Marmorato
4:37:29
Yes.
4:37:30
They've told me they don't really have much of a budget.
Daniel Garodnick
4:37:33
Well, I believe that it comes from a combination of the city's capital budget and also from water rate payers, but I'm not an expert on that.
Kristy Marmorato
4:37:42
Okay.
4:37:42
So that's over time that month that $20,000,000,000 is gonna come from us the people that are already here and living in this in this city
Rita Joseph
4:37:48
in our country.
Daniel Garodnick
4:37:49
The city needs to fund its own infrastructure projects, if that's what you're
Kristy Marmorato
4:37:53
I'm just saying it's not like a federal grant or it's not something coming from outside that's already there set aside.
Daniel Garodnick
4:37:59
No.
4:37:59
New York City We're gonna
Kristy Marmorato
4:38:00
build in our community, and we're already struggling with flooding, we're not gonna be able to continue.
4:38:05
My parents house alone who they bought the house in the early 2000s.
4:38:09
They built a couple of 100 apartments right on the next block in about 2006.
4:38:15
And the last 20 years, all they do is flood every time it rains.
4:38:17
Their infrastructure can't handle it.
4:38:19
So as far as no.
4:38:25
Commissioner, carry on.
4:38:26
You're in charge of housing connect?