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Q&A
Breakdown of New York City's federal formula funding
1:56:41
·
67 sec
Council Member Brooks-Powers asks about the current total of New York City's federal formula funding and its breakdown by year. DOT officials provide information on the funding allocation and its expected changes.
- DOT receives about $250 million in formula funding every year
- The funding is programmed across various divisions including Ferry, Traffic Operations, Emergency Management, and Transportation Planning
- The allocation depends on the type of formula requirements set by the federal government
- DOT is hopeful that the funding will remain constant in the coming years
Selvena Brooks-Powers
1:56:41
When passed, the IIJA was expected to increase New York City's federal formula funding by at least $50,000,000 a year, providing more than $1,000,000,000 in total formula funds to DOT over the next 5 years.
1:56:57
What is the current total of New York City's federal formula funding broken down by year?
Paul Ochoa
1:57:03
Oh, I would have to, get that to you.
1:57:06
I'm sure we can we can pull it.
Selvena Brooks-Powers
1:57:08
I think he got the answer.
Paul Ochoa
1:57:11
Mhmm.
1:57:11
Yeah.
1:57:12
So we get about $250,000,000 of formula funding every year.
1:57:16
That's usually, programmed in various divisions.
1:57:19
Ferry takes a a good chunk.
1:57:21
Traffic operations does as well, emergency management, transportation planning.
1:57:25
It it usually, we program it depending on the type of formula requirements that are set by by the federal government.
Selvena Brooks-Powers
1:57:36
Got it.
1:57:38
And how is this funding expected to change in the out years?
Paul Ochoa
1:57:42
It will not change.
1:57:43
We are very hopeful everything will continue to be exactly the same.
1:57:48
Okay.