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Old 06-08-2022, 06:41 PM
 
Location: Washington D.C.
13,736 posts, read 15,807,504 times
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Quote:
Originally Posted by Boston Shudra View Post
That has to be one of the biggest budgets per capita of any municipality in the US? The proposed budget for Boston in 2023 is $4 billion.
The new taxes from every new residential building in DC is staggering. When combined with the increase of Black, Asian, Latino, and White high income households, the tax base is exploding. People look at the net gain of people in DC, but don’t look at the net gain of high income households compared to the loss of low income households. If DC wasn’t losing so many low income households, the population growth would have be higher than Seattle.
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Old 06-08-2022, 08:35 PM
 
2,836 posts, read 2,302,646 times
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Quote:
Originally Posted by Gantz View Post
Interesting. Even with both budgets combined it is still a lot lower than NYC budget. Is it that the California state is a lot more involved, or simply LA doesn't really have that much tax revenue (hard to believe)?
It think two big factors are:
1) the LA school district is separate from the city and county budget. That's like 1/3rd of NYCs budget.
2) NYC runs it's medicaid program in partnership with the state. While in CA, I believe it's a state program.
NYC still probably has additional expenses given it's hyper density. Lots of parks, public spaces, public housing, culture venues, public transit funding.
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Old 06-08-2022, 10:29 PM
 
Location: Albuquerque, NM
282 posts, read 218,832 times
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Albuquerque's FY23 budget of $1.4 billion was recently passed by the city council and signed into law by the mayor.

https://www.cabq.gov/mayor/news/mayo...scal-year-2023

Albuquerque Public Schools also recently passed its nearly $2 billion budget. I mention it because apparently some city budgets include things like schools, whereas here in New Mexico schools are independent from any local governments.

https://www.abqjournal.com/2504216/a...2b-budget.html

Albuquerque also has a public water utility that was wrested from the city's control at the turn of this century by the state and given over to a board of local elected officials from different local governments whose residents are served by the water utility. It recently passed its $245 million budget for FY23.

https://www.abqjournal.com/2500606/w...ke-budget.html

Albuquerque is the seat of Bernalillo County and the county commission recently passed its $374 million budget for FY23.

https://www.krqe.com/news/albuquerqu...3-fiscal-year/

Rio Rancho, Albuquerque's largest suburb, has a proposed budget of $175 million for the coming fiscal year. Unlike Albuquerque, its budget includes its water utility.

https://city-rio-rancho-nm-budget-bo...smittal-letter

Rio Rancho Public Schools recently approved its $203 million budget for FY23.

https://rrobserver.com/rrps-budget-grows-to-203m/

Santa Fe has a proposed budget of $383 million for the upcoming fiscal year. It also includes its water utility in its budget.

https://www.santafenewmexican.com/ne...2dfa0e01d.html

Santa Fe Public Schools recently passed a $301 million budget for FY23.

https://www.santafenewmexican.com/ne...6ca1807ca.html

New Mexico overall has a budget of $8.5 billion for FY23 that was passed earlier this year.

https://www.governor.state.nm.us/202...-new-mexicans/

The state is dealing with unprecedented budget surpluses in recent years, mostly due to oil and gas royalties and income. The state is giving some of this surplus money back in the form of rebates to help deal with inflation and high gas prices. One billion dollars is being disbursed to state residents in three payments over the summer. The scheduled payments for June began going out early, last month. There will be two more payments made in July and August. Families or heads of household could receive up to $1,500 and single filers up to $750.

https://www.tax.newmexico.gov/rebate...lief-payments/

Last edited by DukeCityDenizen; 06-08-2022 at 11:10 PM.. Reason: Added other local government budgets.
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Old 06-09-2022, 10:08 AM
 
Location: Brooklyn, New York
5,466 posts, read 5,726,213 times
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Quote:
Originally Posted by jpdivola View Post
It think two big factors are:
1) the LA school district is separate from the city and county budget. That's like 1/3rd of NYCs budget.
2) NYC runs it's medicaid program in partnership with the state. While in CA, I believe it's a state program.
NYC still probably has additional expenses given it's hyper density. Lots of parks, public spaces, public housing, culture venues, public transit funding.
Public transit in NYC is included with the state budget, not the city, even though the city contributes to it. NYC MTA is a state agency (including the subway and the local buses). The budget for it is huge, probably the size of the whole LA budget if not bigger. Then some transit (such as bridges and tunnels, airports, some buses) is part of Port Authority, which is an intrastate agency together with New Jersey, with its own $7.9 billion budget. I believe NYC ferry was a city service, but apparently it is also not included in the city budget, but instead is run through the city's development corporation.

NYC FY '23 budget is $99.7 billion, so almost over that 100 mark.

Last edited by Gantz; 06-09-2022 at 10:26 AM..
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