Bronx Borough President Vanessa Gibson recently announced a total of $56.3 million in capital budget allocations for fiscal year 2027, including numerous investments in educational and medical technology.
Each year, borough presidents must allocate a certain amount of discretionary capital funds depending on the borough’s size and the total city budget. Capital dollars are to be used for long-lasting upgrades or additions, for instance, purchasing computers for a school or a new heating system for a community center.
