Understanding NY City’s Budget: A Guide to The Capital Budget and Anatomy of a Priority Driven Budget Process

Explain the Financial Plan, including how it differs from the operating budget. How is the government of NYC held accountable, if at all, for its performance under the operating budget? How is priority-driven budgeting different from the incremental approach? Explain the strengths and weaknesses of these approaches. Can priority-driven budgeting be used for capital projects as well as for ongoing programs and services? Explain.