Power Failure: New York City Politics and Policy since 1960

By Charles Brecher; Raymond D. Horton et al. | Go to book overview

8
THE CAPITAL BUDGET AND CAPITAL PROJECTS

A major challenge for the leaders of the city of New York is to rebuild municipal infrastructure and enhance the physical facilities that support service delivery. Since emerging from the fiscal crisis of 1975, the city has regained access to credit markets and developed an ambitious capital investment program. A key issue is how quickly these capital projects can be completed. Delays postpone improvements and add to project costs.

This chapter is organized into four sections. The first provides background on the city's ten-year capital plans, its annual capital budgets, and the information systems used to track the progress of capital projects authorized in the budget. The second part assesses the progress on 1,084 projects initiated in fiscal years 1983 through 1989. The third section presents case studies of 22 projects scheduled for completion in fiscal year 1988 to illustrate the reasons for delays. The final section presents recommendations for change in managing capital projects.


Capital Plans and Capital Budgeting

Capital investments by the city of New York are guided by a ten-year capital plan and implemented through an annual capital budget process. The long- run plan evolved in the aftermath of the city's fiscal crisis; the annual process is shaped by the city charter.

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Power Failure: New York City Politics and Policy since 1960
Table of contents

Table of contents

  • Title Page iii
  • Preface v
  • Contents ix
  • List of Tables xi
  • I - Introduction and Overview 1
  • 1 - Introduction 3
  • 2 - Overview of Political Change 17
  • II - Electoral Politics 47
  • 3 - Local Elections and Local Democracy 49
  • 4 - Mayoral Elections 77
  • 5 - Public Financing of Campaigns 113
  • III - Budgetary Politics and Policy 141
  • 6 - Improving the Operating Budget Process 143
  • 7 - Bargaining and Budgeting 157
  • 8 - The Capital Budget and Capital Projects 165
  • 9 - Tax Policy 185
  • 10 - The Property Tax 209
  • IV - Service Delivery 219
  • 11 - Expenditures and Services 221
  • 12 - Municipal Wage Policy 241
  • 13 - The Uniformed Services 263
  • 14 - The Department of Parks and Recreation 299
  • 15 - The Health and Hospitals Corporation 329
  • Notes 361
  • Index 379
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