Capital Lease Program
CY2026 · introduced
2 line items
Total appropriation
$18.7M
$18,693,210
CY2025
$9.2M
Adopted
Change
$9.5M
+102.6%
What this department does
The Capital Lease Program budget pays the city’s annual debt-service costs on capital leases: $10,507,076 in interest (45-938) and $8,186,134 in principal repayment (45-937), for a total of $18,693,210.
The program rises by $9,467,207 from last year, a 102.6% increase. Interest is the larger component this year, accounting for $10.5 million of the $18.7 million total, while principal repayment is about $8.2 million.
| Line item | Category | Code | Amount |
|---|---|---|---|
| ▸Interest | Debt | 45-938 | $10,507,076 |
| ▸Principal | Debt | 45-937 | $8,186,134 |