Finance Division Briefing Paper Fire Department of New York
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• New Firehouse – Engine Company 268. FDNY Fire Station Engine Company 268 / Ladder
Company 137 will be a new fire station in Far Rockaway, Queens. The capital project was first
introduced in Fiscal 2018 with a budget of $22 million and a completion date at the end of
2024 for the construction of the new station. The design incorporates resilient solutions to
prevent future flooding. The program includes work and live facilities as well as storage for
equipment and five vehicles.
• Hurricane Sandy Conduit Projects. The Department has been working to improve resiliency
Executive Ten-Year Capital Strategy Fiscal 2024-2033
The Ten-Year Strategy is the City’s long term capital planning document which provides a framework
for capital spending by agency. The Strategy is released every two years as mandated by the City
Charter.
The City’s Ten-Year Strategy totals $164.8 billion (all funds). The Strategy provides information on the
comprehensive infrastructure planning that the City undertakes and explains the connection between
capital investment and strategic priorities. It is designed to help prioritize investment decisions across
all capital agencies and communicate to the public an integrated approach to capital planning across
infrastructure types, in line with the growth of the City.
The FDNY’s Ten-Year Strategy includes $2.1 billion in Fiscal 2024–2033 for capital construction and
reconstruction projects. The funding includes $673 million for vehicles, firefighting tools and
equipment, $1.2 billion for the construction of new facilities and renovations, $140 million for
electronics and data processing, and $128 million for communications costs.
Chart 4: Fiscal 2024-2033 Ten-Year Capital Strategy
FY24 FY25 FY26 FY26 FY27 FY28 FY29 FY30 FY31 FY32
Communications
38,520 37,633 1,400 1,000 4,833 7,000 7,500 7,245 11,500 11,500
Electronics
33,699 7,919 6,000 5,718 7,306 15,663 15,000 16,000 16,000 17,000
New Facilities and Renovations
195,372 157,044 101,676 332,976 107,070 92,362 72,567 59,584 35,000 35,000
Vehicles, Firefighting Tools and
Equipment
118,495 12,406 94,971 64,738 61,458 56,455 41,014 92,345 64,394 66,761
Total
386,086 215,002 204,047 404,432 180,667 171,480 136,081 175,174 126,894 130,261
$0
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Dollars in Thousands