Your guide to NYC's public proceedings.
REMARKS
Overview of Department of Veterans Services budget for FY2026
0:01:20
ยท
100 sec
Council Member Holden provides an overview of the Department of Veterans Services (DVS) budget for fiscal year 2026, highlighting key figures and changes from the previous year.
- Total budget of $5.9 million, a 16.1% decrease from FY2025
- Funding allocation: $4.2 million for personnel, $1.7 million for other services
- DVS budget represents approximately 0.001% of the city's total budget
Robert Holden
0:01:20
The fiscal twenty twenty six budget for DVS totals 5,900,000.0, including 4,200,000.0 in personal services funding to support 39 full time positions and 1,700,000.0 in other than personnel services.
0:01:39
This results in DVS' fiscal twenty twenty six budget being 1,100,000.0 or one or 16.1% less than the current budget for fiscal twenty twenty five.
0:01:54
A little bit more than half of this difference is because of the fiscal twenty twenty five budget includes 575,000 for city council discretionary initiatives that are not yet budgeted for 2026.
0:02:10
Important importantly, though, this preliminary plan did not include any new needs, and there was only one notable adjustment, which transferred $676,390 from the Department of Health and Mental Hygiene in fiscal twenty twenty five for the Joseph P.
0:02:32
Dwyer Veterans Peer Support Program.
0:02:35
Notably, at approximately 5,900,000.0, the fiscal twenty twenty six budget for DVS constitutes around one one hundredth or point 001% of the city's total fiscal twenty twenty six budget, making it one of the smallest, if not the smallest city agencies.