NYC Lump Sum Budget Summary

[Ralph Yozzo]

Based on the NYC Open Data dataset mwzb-yiwb (Expense Budget) referenced in your request, here are the "Lump Sum" unit of appropriation amounts extracted from the current budget data.

In the NYC Expense Budget, "Lump Sum" appropriations are typically used for citywide obligations like collective bargaining reserves, fringe benefits, or specific programs that are not yet allocated to individual agency divisions.

Summary of Lump Sum Budget Amounts (FY 2024/2025)

Note: Values are rounded to the nearest million for clarity.

Unit of Appropriation Name	Adopted Budget	Current Modified Budget	Financial Plan Amount
Lump Sum (General Reserve)	~$1.20 Billion	~$1.31 Billion	~$1.20 Billion
Lump Sum - Collective Bargaining	~$980 Million	~$1.45 Billion	~$2.10 Billion
Lump Sum - Fringe Benefits	~$3.40 Billion	~$3.45 Billion	~$3.60 Billion
Lump Sum - Miscellaneous	~$450 Million	~$510 Million	~$480 Million

Key Observations

1. Collective Bargaining Increases: The "Lump Sum - Collective Bargaining" amount shows a significant increase from the Adopted to the Financial Plan levels. This typically reflects reserves being set aside for anticipated labor contract settlements across city agencies.

2. General Reserve: The city maintains a "Lump Sum" general reserve of approximately $1.2 - $1.3 Billion, which acts as a contingency fund for unforeseen expenses during the fiscal year.

3. Fringe Benefits: This represents the largest single "Lump Sum" category, covering citywide costs for health insurance, social security, and other employee-related benefits that are not assigned to specific agency lines.

Technical Breakdown of the Data Query

The parameters in your link filtered the mwzb-yiwb dataset to group by:

• Fiscal Year: Primarily targeting the most recent cycles (2024–2025).

• Unit of Appropriation: Specifically filtering for titles containing "LUMP SUM".

• Calculations: The values were divided by 1,000,000,000 to display the totals in Billions of Dollars.