This finance memorandum supersedes Finance Memorandum 12-1 and is intended to provide guidance to taxpayers and tax professionals in complying with the New York City tax provisions
enacted in 2004 limiting the depreciation and first year expense deductions for sport utility vehicles ("SUVs").
To assess whether elementary grade students in charter schools leave their schools any more frequently than students in traditional public schools, IBO examined a cohort of students who
entered kindergarten in September 2008 and followed them through third grade. This involved tracking data on 3,043 students in 53 charter schools and 7,208 students in 116 traditional public
schools nearest to each charter.
In accordance with the requirements of the New York State Municipal Assistance Corporation Act and the New York State Financial Emergency Act, the City of New York is required to submit monthly financial reports.
This discusses the amendments to the rules relating to the partial tax abatement for residential real property in the cooperative or condominium form of ownership.
Reports on the City's State of Good Repair need and the agencies' planned spending to address this need. The program consolidates results of cyclical field surveys and estimates the Capital and Expense needs to keep major City owned facilities and infrastructure in a State of Good Repair.
This report summarizes the City's fiscal state and standing as Fiscal Year 2013 comes to end. The City's economy continued to expand throughout the year, with employment reaching an all-time high. However, the City's unemployment rate remains high and wages have not kept up with inflation. Overall, throughout the year, growth in the local economy has been hampered by the lacking national economy.