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Budget overview for fiscal year 2026

0:14:11

ยท

140 sec

Commissioner Molina provides a detailed overview of DCAS's budget for fiscal year 2026, highlighting key allocations and expenditures across various areas of responsibility.

  • Total budget of $1.9 billion, including $236.3 million for payroll and personnel services, and $1.7 billion for other than personal service costs
  • $966 million (51% of budget) allocated for citywide utility payments
  • $163 million dedicated to costs associated with multi-tenanted leased sites
  • $152.8 million for cleaning, maintenance, and repair work across DCAS-managed buildings
  • $110 million allocated to achieve the city's climate goals as outlined in Executive Order 89 and Local Law 97
  • Emphasis on energy savings initiatives, which have generated more than $141 million in annual energy savings since 2014
Louis Molina
0:14:11
As we work to not just meet but exceed our benchmarks, it's necessary to establish a clear understanding of our budget and our limitations.
0:14:21
As a primary service provider for city agencies, much of our budget is dedicated to supporting the critical functions of their daily operations.
0:14:29
In fiscal year twenty six, our budget is 1,900,000,000.0 inclusive of all funding sources with 236,300,000.0 covering payroll and other personnel service costs and 1,700,000,000.0 covering other than personal service costs.
0:14:44
966,000,000 or 51% of our budget will be used to support citywide utility payments for heating, lighting and power.
0:14:53
These are fixed costs based on forecasted energy usage and utility rates.
0:14:57
The good news is that DCAS is working every day both internally and with our sister agencies through multiple programs to reduce energy use.
0:15:06
I'm proud to say that this work has generated more than 141,000,000 in annual energy savings since 2014.
0:15:14
Beyond providing utilities to our sister agencies, we're also tasked with identifying physical spaces for city agencies and other public entities to meet their operational needs.
0:15:24
We need when a need arises and city owned spaces is not available or feasible, our real estate team identifies and negotiate leases on behalf of the city.
0:15:33
Of of our overall budget, a hundred and 63,000,000 is dedicated to these costs associated with multi tenanted leased sites.
0:15:42
In fiscal year twenty four, DCAS procured a total of a hundred and 25,000,000 worth of contracts towards city certified MWBEs for contracts under local law $162,500,000.0 went to MWBEs representing a 33.3% utilization rate.
0:15:59
In addition to these efforts, we have also invested in extensive maintenance repair and energy efficiency work across our portfolio of city managed buildings.
0:16:08
To support these efforts, our fiscal year twenty six budget includes 152,800,000.0 to support cleaning, maintenance and repair work across DCAS managed buildings, and a hundred and 10,000,000 to achieve the city's climate goals as outlined in executive order 89 of local law 97.
0:16:25
In addition to these programs, every year, DCAS generates a significant amount of revenue on the city's behalf.
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