Citywide Agencies

New York City Comptroller COVID-19
FY 2023 Federal Stimulus Fund Tracker

The Federal Government enacted unprecedented expansionary fiscal policy in response to the economic crisis caused by the Covid-19 pandemic. New Yorkers received billions of dollars, both directly through checks, loan programs, and unemployment insurance, and indirectly through Federal grants to the City and other governmental entities. The City government is expected to receive about $26 billion in funds to be spent by FY 2026, including FEMA reimbursement and other pandemic relief funds.

The Office of the Comptroller is publishing available information on how the funds are spent to give the public access to granular information and allow detailed analysis. The structure of the data feed will be updated as changes are made in the City’s financial plan, starting with the FY 2023 Preliminary Financial Plan published in February 2022. For FY 2023, the public will be able to track spending of more than $2 billion in Federal aid, specifically American Rescue Plan Act (ARPA) and Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) Education grants and ARPA State and Local Fiscal Recovery Funds (SLFRF). FY 2022 stimulus tracker data is also available for download.

Top Agencies by Budgeted Amount (November 2022 Plan)


Top Agencies by Committed Amount (Committed data as of 12/26/22)


Note:

  1. Budget expenditure details reflect expenditure budget code allocation of stimulus funding in the November Plan. FY23 November Plan Data is not available for download from the Checkbook Budget Domain or Budget Advance Search.
  2. Year-to-date expenditure tracking excludes about $1 million of budgeted expenditures that are in budget codes that include other funding sources.
  3. Year-to-date expenditures do not include any new stimulus spending budget codes introduced after the November Plan.
  4. Committed amount includes expenses and amounts reserved for expenditures including pre-encumbrances and encumbrances.

Since March 2020, Congress passed six pieces of legislation to address the devastating public health and economic impacts of the pandemic. The major components are:

  • The $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act of March 2020, which included the Paycheck Protection Program (PPP), stimulus checks for individuals and families, expanded unemployment insurance benefits, and $150 billion in direct relief for state and local governments, among many other measures.
  • The $900 billion Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) of December 2020, contained within the larger Consolidated Appropriations Act of 2021, included additional stimulus checks, renewed PPP loans, enhanced unemployment benefits and funding for school reopening and response to the pandemic.
  • The $1.9 trillion American Rescue Plan Act (ARPA) of March 2021. Among its wide-ranging provisions, ARPA included additional funding for schools and $350 billion in flexible aid to state and local governments through the Coronavirus State and Local Fiscal Recovery Fund (SLFRF).

As of the November 2022 Financial Plan, the City has recognized a total of $18.9 billion in FY 2020 through FY 2022 and anticipates receiving an additional $6.1 billion in FY 2022-FY 2026, including $252 million in unrestricted aid from FEMA reimbursement for prior eligible expenditures. However, the November 2022 Plan does not include remaining balances of $1.08 billion and $309 million in ARPA SLFRF funding and ARPA-CRRSSA education grants, respectively. Once these funds are fully incorporated in future plans, projected Federal Covid-19 assistance will be in excess of $26 billion. Note that these funds exclude direct assistance to individuals, businesses, healthcare providers, and other governmental entities.

Summary of Sources of Federal COVID-19 Relief Funds to New York City ($ in billions)

The SLFRF awarded $5.88 billion in flexible relief funding to New York City to fight the pandemic, maintain public services, and support the recovery. The City has received the full $5.88 billion funding as of the first quarter of FY 2023. Funds must be used for costs incurred between March 3, 2021 and December 31, 2024, and expended by December 31, 2026. State and local governments must submit periodic reports to the U.S. Treasury, and funding is subject to recoupment for violations of eligibility guidelines.

Eligible Uses of SLFRF Funds

Under U.S. Treasury guidance, four broad categories of spending are eligible for funding:

  1. To respond to the COVID-19 public health emergency or its negative economic impacts;
  2. To provide premium pay to workers performing essential work during the COVID-19 public health emergency;
  3. For the provision of government services, to the extent of the reduction in revenue due to the COVID–19 public health emergency; and
  4. To make necessary investments in water, sewer, or broadband infrastructure.

Certain types of expenses are also explicitly ineligible, including deposits into a pension fund, direct funding of debt service, satisfying a judgment or settlement, or contributing to a “rainy day” fund.

Based on guidance from the U.S. Treasury, New York City could use the entire $5.88 billion SLFRF allocation for “revenue replacement.” Through calendar year 2021, the City’s cumulative revenue shortfall totals more than $10 billion, as defined by Treasury formulas which assume that City-sourced revenue, including tax revenue and miscellaneous revenue, would have grown by as much as 5.2% per year in the absence of COVID-19. Under Treasury’s counterfactual scenario, New York City would have collected $72.8 billion in calendar year 2020 and $76.6 billion in 2021, compared to actual revenue of $66.8 billion and $72.0 billion. While City revenues increased, they fell short of the counterfactual established by Treasury.

Planned Uses of SLFRF Funds

As required, New York City published its second Annual Recovery Plan on spending and planned uses for 2022. In accordance with Treasury requirements for large cities, New York City must submit a Project and Expenditure Report 30 days after the end of each quarter.

For reporting purposes, Treasury has instructed recipients to categorize spending into the following groups:

  1. Public health, including but not limited to COVID-19 vaccination, testing and contract tracing; prevention in congregate settings; and mental health services. The City intends to spend $1.2 billion in this category.
  2. Negative economic impacts, including but not limited to food programs, rent assistance, and aid to nonprofit organizations. The City intends to spend $1.1 billion on “negative economic impacts.”
  3. Services to disproportionately impacted communities, including but not limited to early learning, academic services, and community violence interventions. The City intends to spend $106 million on “services to disproportionately impacted communities.”
  4. Premium pay. The City has not allocated any funding in this category.
  5. Investments in water, sewer or broadband infrastructure. The City has not allocated any funding in this category.
  6. Revenue replacement for the provision of government services, to the extent that revenues have fallen compared to baseline projections. The City has allocated $3.47 billion for “revenue replacement.”
  7. Administrative, including evaluation and data analysis. The City has not allocated any funding in this category.

More than half of the City’s SLFRF is allocated to revenue replacement. This classification is not tied to budget documents and spending against the corresponding initiatives cannot be tracked.

NYC SLFRF Allocation FY 2021 – FY 2025

Amount ($ Billions) % of Total
Revenue replacement $3.47 59.0%
Negative Economic Impact 1.10 18.7%
Public Health 1.20 20.4%
Disproportionately Affected Communities 0.11 1.9%
Total $5.88 100%
SOURCE: NYC Office of Management and Budget.

New York City was awarded nearly $8 billion in federal education pandemic relief and response funding through CARES, CRRSAA, and ARPA under the umbrella of Education Stabilization Fund. CARES Act funds must be obligated (that is, committed to a specific purpose by, for instance, entering into a contract or by rendering services) by September 30, 2022; CRRSAA funds must be obligated by September 30, 2023; and ARPA funds must be obligated by September 30, 2024. Of the total, $7.7 billion was awarded to the Department of Education (DOE) and $274 million was awarded to the City University of New York (CUNY).

These funds may be used for a wide range of spending to respond to health and safety issues and to support students’ academic, social, emotional and mental health needs.

For FY 2023, the DOE has provided the following programmatic breakdown for its stimulus spending. The largest components fall under the umbrella of school budget support that include 3K expansion ($456 million), Summer Rising ($236 million), academic and special education recovery programs ($225 million) and school budget restoration ($160 million). The remainder of the plan is mainly comprised of Mayor and Chancellor initiatives ($132 million), IT equipment and support ($132 million) and other academic support services ($227 million).

FY 2023 DOE Federal Stimulus Spending Plan ($millions)
School Budget Support $1,156
     3K Expansion 456
     Summer Rising 236
     Academic and Spec Ed Recovery 225
     School Budget Restoration 160
     Other Student Support Services 79
Mayor & Chancellor Priorities 132
Devices & IT Support 132
Other Academic Supports 227
School Reopening Costs 20
Community Schools Expansion 60
PSAL Expansion 29
All Other 21
Total Stimulus Programming  $1,777

Source: NYC Department of Education.