June 2019 Adopted Budget,Fiscal Year 2020 - Details the revenue estimates for the five year financial plan. This report also includes citywide summaries and plan-to-plan revenue changes.
Economic growth is expected to continue in both the U.S. and New York City in 2019 and for the remainder of the plan period, albeit at a slower pace than in 2018. In our forecast, New York City’s economy is expected to grow at a slightly faster pace than the nation as a whole.
IBO presents a comprehensive analysis of the 2020 Executive Budget & Financial Plan through 2023, including our projections of spending, revenue, & budget gaps & surpluses under the Mayor’s proposals. The report also features our latest economic forecast & an analysis of the Mayor’s saving plan.
This is to reexamine internal processes and policies, use resources efficiently, and re-estimate expenses, and re-estimate expenses, all without sacrificing service delivery to New York City residents
Early Payment Discount Rate and Late Payment Interest Rates Recommendations. The City of New York is required to charge interest on the amount of tax that is late.
Each May, the NYC Banking Commission recommends a discount rate and penalty rates for the upcoming fiscal year beginning on July 1.
Report contains number of contacts & placements in transitional housing resulting from such contacts during the reporting period and the number of referrals of persons so contacted to programs or services during the reporting period. Includes permanent/ transitional housing projections.