Ten-Year Capital Strategy

We’re investing $173.4 billion over the next decade to build a better NYC.

 
 

We are pleased to present the Fiscal Year 2026 Ten-Year Capital Strategy (TYCS) that details how we plan to invest $173.4 billion over the next decade to improve infrastructure, including roads, schools, bridges, water and sewer facilities, parks, cultural centers, and transportation systems in neighborhoods across the five boroughs.

 
 

Overview of $173.4 Billion in Planned Spending

  • By Agency

    Each of the following agencies will be responsible for making capital investments over the next decade.

    Stacked bar chart showing the breakdown of 164.8 billion in planned spending by agency. Transportation comes in 1st with highest spending followed by environmental protection, education, parks, energy, economic development, sanitation, and health.

  • By Lifecycle Category

    The City is investing to maintain and replace the assets we have today, while expanding for the New York of tomorrow.

    Stacked bar graph showing the breakdown of 164.8 billion in planned spending by lifecycle category. From high to low the city allocated 55% for State of Good repair, 23% for program expansion, and 22% for programmatic replacement.

  • By Service Category

    New Yorkers will benefit from investments across a broad range of infrastructure and facility types.

    Stacked bar graph showing the breakdown of 164.8 billion in planned spending by service category. The top three services are Road & Bridge 18%, Public buildings and facilities 16%, and Housing 14%. Mass transit comes last with 2% of the budget.

  • By Funding Source

    The City’s ambitious capital strategy leverages a mix of City, State, Federal, and other funding sources.

    Stacked bar graph showing the breakdown of 164.8 billion in planned spending by funding source. City Bonds (GO and TFA) come first with 80%, followed by Municipal water bonds at 17%, and Federal, State, and other non-city sources 3%.

A more integrated approach to capital planning

Comprehensive capital planning is not just about the projects that are funded, but also about the processes, principles, and priorities that guide our approach and decision-making to ensure that city assets and infrastructure meets New Yorkers’ needs today and in the future. The City’s strategy over the next 10 years highlights how we intend to make substantial investments in capital projects that advance equity and account for neighborhood and citywide needs, with a fiscally responsible approach that adapts to changes in the City’s budget.

This TYCS also illustrates how the City uses data and community input to inform and humanize the capital planning process. Beyond this strategy, city agencies collaborate daily to share best practices, coordinate project planning and delivery, and integrate new and changing information into our collective planning in a consistent way. This collaboration has and will continue to produce resources and tools that increase transparency and contribute to a more informed public, and we hope for a strengthened trust in the robust planning and future of our New York City.

By following our capital strategy, we will ensure that the City’s capital spending will be mindful of the unique neighborhood needs throughout the five boroughs and help to build a stronger and fairer city for all New Yorkers.

 

A group of people enjoying an open space on the waterfront with the Williamsburg Bridge in the background and a water feature in the center. Courtesy of NYC Planning.

Capital Strategy

The City of New York’s capital planning and decision making are driven by a dynamic and evolving vision of a better future. The City’s Capital Strategy lays out the capital investments that will help bring this vision to reality. The Strategy is informed by a range of processes the City employs to evaluate its needs, understand communities’ priorities, and maintain and improve the City’s infrastructure. The Capital Strategy is necessarily dynamic, as new information, needs, and priorities must be incorporated to ensure our planning is responsive to change. Processes such as the Citywide Statement of Needs, Community District Needs, and Neighborhood Plans allow the City to assess existing conditions and gather new information to update our strategy.

Key Investments

If the City’s Capital Strategy acts as the guidebook for carrying out capital planning and decision making, Key Investments demonstrate what the Strategy looks like in action. In this section, we have selected a series of issue areas to act as lenses through which we can see how capital planning plays out in communities across our city.