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Council Discourse

NYC Council meetings, chaptered and linked by time.

Created by Uzair Qadir

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Q&A

Lee and Ryan explore additional capitalization opportunities

New York City Council · Jun 1, 2026 · starts 0:56:22 · 39 sec

Lee asks if other cost areas could be similarly capitalized. Ryan says they continually look for opportunities, noting inflation sometimes pushes items above minimum dollar thresholds.

Linda Lee

And are there any other areas of cost that similar changes can be made to swap expense funding for capital or?

Christine Ryan

We always look at it.

Christine Ryan

Sometimes, unfortunately, because of inflation, things

Christine Ryan

The silver lining is they become more expensive, so they may have met all the other criteria but not met the minimum dollar value.

Christine Ryan

So we're always looking to see if we can capitalize.

Christine Ryan

Obviously, we want to be efficient and responsible to capital funds as well, but you don't want, you know, there's a reason why there's capital funding to cover things that have a long, useful life to pay them over time.

Christine Ryan

So we do maximize capitalization as much as possible.

Linda Lee

Okay, perfect.