The Bloomberg Administration is now proposing a major rezoning of East Midtown. Concerned that his new initiative would compete with Hudson Yards and slow the revnue growth neededto make
Hudson Yards self-supporting, Council Member Daniel Garodnick asked IBO to review city spending to date on the plan and to consider the short-term outlook for revenues at Hudson Yards.
This New York City Independent Budget Office report examines the allocation of funds to schools through Fair Student Funding. Included in this document is the purpose of the program, its implementation in schools, data relevant to its implementation, and projections for future improvement.
This report by the New York City Independent Budget Office (IBO) shows the reestimate of the Mayor's preliminary budget for 2014 and financial plan through 2017. Included are detailed data on projections for revenues and expenditures, as well as comparisons on forecasts between IBO and the Mayor's Office of Management and Budget.
Over the last decade, the number of city residents receiving food stamps has more than doubled, while
public assistance recipients have decreased and the number of blind and disabled New Yorkers receiving
Supplemental Security Income benefits has remained flat.
A chart showing the change in the population of those using homeless shelters and the funding of shelters from fiscal year 2008 to a projection of fiscal year 2018.
Despite the increased number of jobs in New York City between 2011 and 2012, employment of city residents did not increase, leaving the unemployment rate high and leading to an analysis of these contradictory statistics.