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 guide will help any interested New Yorker understand and participate in the city's budget process. It outlines the components of the city's budget, the timelines and processes for adopting it, and provides an overview of how the city raises revenues and how those revenues get spent. Guidance on where to find budget documents and a contact list of key players in the budget process will help readers figure out where to find answers to budget questions.
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.
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.
REPORT: Brooklyn Borough President Eric Adams asked how many hours do subway riders lose to delays during the morning rush and what does it cost in monetary terms. We provide our estimates
The New York City Department of Finance began accepting a revised power of attorney form for taxpayers that appoint individuals to represent them in tax matters with DOF and the New York State Department of Taxation and Finance (DTF). The revised power of attorney form is Form POA-1 (version 6/17), and it is available on both the DOF and DTF websites. It supersedes Finance Memorandum 17-4.
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.
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.
In recent years the offices of the city's five District Attorneys have garnered millions of dollars through state and federal asset forfeiture laws. Although there are certain requirements on how these funds are held and spent, the District Attorneys retain considerable discretion over the use of these dollars.
FOCUS ON THE PRELIMINARY BUDGET: IBO has produced a new economic and tax revenue forecast for the city as well as re-estimated city expenditures based on the Mayor's Preliminary Budget for 2019 and Financial Plan Through 2022. An overview of our findings.
FOCUS ON THE PRELIMINARY BUDGET: With planned capital expenses growing over the next five years, the cost of debt service will also increase, but probably not by as much as OMB expects.
FOCUS ON THE PRELIMINARY BUDGET: The Mayor's latest budget plan includes a substantial increase in capital funding for new construction and preservation of housing
FOCUS ON THE PRELIMINARY BUDGET: The Mayor proposes a faster roll-out of his 3-k initiative and continues to consolidate early education programs in the Department of Education.
With the release of our latest edition of Budget Options for New York City , IBO looks at dozens of ways to reduce city spending or raise revenues through tax, fee, or fine increases. As in past editions, a basic description of each budget option is presented along with a side-by-side discussion of key arguments for and against each measure's implementation.
FOCUS ON THE EXECUTIVE BUDGET: We presents our analysis of the de Blasio Administration's Executive Budget for 2019 and financial plan through 2022, including IBO's projections of budget gaps and surpluses. The report provides our latest economic forecast along with our estimates for tax revenue collections and spending based on the Mayor's plan.
IBO has substantially revised and updated its guide to the city's capital budget. The readable, full-color guide outlines the key components of the capital budget and the timeline and process for adopting it. The guide also provides an overview of how the city raises capital funds and how those dollars are spent.