Obligations Slightly Lower than City’s Spending Projections

Through November of FY2022, the City has expended $1.725 billion and encumbered an additional $436.7 million. As a result, total obligations amounted to $2.162 billion or 41.0% of the $5.269 billion FY2022 budget, which is slightly lower than the annualized monthly spend of 41.7%. The City does not budget monthly. The City has spent $190.1 million or 9.6% more than for the same period in FY2021.  Also, the twelve departments with the largest budgets account for over $1.887 billion, or 87.3% of the total obligations through November.

For the full report, click here

For past reports, click here