10-Year Fiscal Impact by Plan Period
All figures represent additional costs above the existing DOT baseline, they are the marginal legislative cost of LL195 mandates, not the full DOT program budget. Figures are from the NYC Council Finance Division's official fiscal impact statement (Oct 2019).
Fiscal impact summary
Local Law 195 adds $1.74 billion above DOT's existing baseline over ten years
Expense and capital cost of the LL195 mandates above what DOT was already committed to spend, by plan period. These are marginal legislative costs, not the total DOT program budget. Revenue impact is zero in every period because the law imposes no new fees.
| Cost category | FY22 (year 1) | Plan 1: FY22–26 | Plan 2: FY27–31 | 10-year total |
|---|---|---|---|---|
| Expense costs | $53,506,828 | $376,725,018 | $367,425,418 | $744,150,435 |
| Capital costs | $61,017,147 | $251,612,715 | $545,484,480 | $997,097,195 |
| Revenue impact | $0 | $0 | $0 | $0 |
| Net fiscal impact | $114,523,975 | $628,337,733 | $912,909,898 | $1,741,247,630 |
Source: NYC Council Finance Division, Fiscal Impact Statement for Proposed Intro. No. 1557-A, October 25, 2019
Note: costs are additional above DOT's existing budget baseline, not total program costs. The estimate was prepared before the law took effect.
About this data
- Fiscal figures are "additional above baseline." The fiscal impact statement estimates the marginal cost of LL195 mandates, what NYC must spend beyond existing DOT commitments. They do not represent total DOT program budgets. For example, DOT had already committed to $59.2M/yr for 50 miles of bike lanes; the $11.8M figure in the program breakdown is only the additional cost above that.
- Fiscal impact statement date: October 25, 2019, prepared before the law took effect. Actual costs may differ from estimates as scope, inflation, and DOT priorities have changed since.
- Revenue impact is $0 across all periods. LL195 imposes no new fees or charges.
- Source code and raw CSV files are available on GitHub.