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AGENCY TESTIMONY
Projected expenses for 2025
0:10:00
ยท
42 sec
Lisa Bova-Hiatt provides an overview of NYCHA's projected expenses for the 2025 calendar year.
- $2.1 billion in Section 8 payments to landlords
- $1.86 billion in salaries, fringe benefits, and overtime
- $410 million in contracts
- $585 million in utility payments
- $426 million for expenses such as leases, supplies, vehicles, and equipment
Lisa Bova-Hiatt
0:10:00
The projected expenses for 2025 are approximately 2,100,000,000 eight payments to landlords, one point eight six billion in salaries, fringe benefits, and overtime, 410,000,000 in contracts, 585,000,000 in utility payments, and $426,000,000 for expenses such as leases, supplies, vehicles, and equipment.
0:10:31
Chief Financial Officer Anika Lescott Martinez will now provide some additional information about NYCHA's twenty twenty five budget and financial outlook.