Through May, the City has expended $4.769 billion and encumbered an additional $314.3 million, resulting in total obligations of $5.083 billion. This total is approximately $512.0 million, or 11.2 percent more than in FY2022. It also represents 87.0 percent of the total FY2023 approved budget, less than PICA’s projection of 91.7 percent.


For the full report, click HERE

For past reports, click HERE