IBO investigates the reason why there was an increase in the cost of Yankee Stadium-related parks. This report includes the background and facilities of the parks.
After examining the information during fiscal year 2008, IBO presents its economic outlook for the year 2009, claiming that there will be a decease in jobs and an increase in the budget gap.
This IBO report examines the distribution of ICIP benefits and describes the programmatic changes between ICIP and the new Industrial and Commercial Abatement Program.
This report summarizes the City and State's response to the Metropolitan Transportation Authority's (MTA's) request for more city and state aid. Mayor Michael Bloomberg and Govenor David Paterson agree that the city and state already provides the MTA with an ample amount of aid; if this request is filled, it will further City Hall and Albany's fiscal difficulties. This report delineates the different funding streams that affect the MTA and provides background on how their current levels of aid are determined.
This report summarizes the effects of Mayor Michael Bloomberg's plan to reduce homelessness in the city. The Mayor expanded homelessness prevention efforts as an attempt to decrease the number of people in the city's homeless shelters. The savings on shelter costs will be used to further fund prevention. However, despite these efforts, the number of homeless families in the city has risen, and spending on both prevention and shelters have grown.
This supplement provides further information to accompany Inside the Budget No. 157, which summarized the effects of Mayor Michael Bloomberg's plan to reduce homelessness in the city. This report lists the amount of homelessness prevention spending that is provided by agencies and programs. These agencies and programs include the Human Resources Administration, the Department of Homeless Services, the Administration for Children's Services, and legal assistance contracts.
Appendix - Methodological Notes - Provides background information and additional detail regarding the assumptions and methodology used in IBO's analysis of the Chapter 96 reopener legislation.
The legislature in Albany is currently considering a bill that would allow certain public emploees to retire at age 55 rather than 62 without a loss in pension benefits. IBO estimates that the bill would
increase the city's pension and fringe benefit costs by $68.1 million in the first year after accounting for savings from hiring entry-level replacements.