January 2023 Financial Plan, Fiscal Years 2023 - 2027 -The Capital Budget as adopted by the City Council by program and source. The Adopted Capital Budget is presented by unit of appropriation within agency with a programmatic description of each unit of appropriation.
January 2024 Financial Plan, Fiscal Years 2024 - 2028 - Details of financial plan by Agency, personal service expense, other than personal service expense and funding.
January 2024 Financial Plan, Fiscal Years 2024 - 2028 - Details by borough and service district the expense budgets of agencies that deliver local services.
Certificate establishing the maximum amount of debt, reserves, appropriations and expenditures for capital projects that the city may make in the ensuing fiscal year and three years following.
Presents information on capital appropriations and commitments with implementation schedules projected, and the ensuing three years for all active capital budget projects.
April 2024 Executive Budget, Fiscal Year 2025 - Itemizes the positions, salaries, and other than personal services budgets for all City agencies. Itemizes revenue estimates by collecting agency and source.
The city is in the process of spending $8.7b to close Rikers Island & replace it and other jails with new borough-based facilities. But the new jails are not expected be ready until 2026. In the interim, the city needs to spend millions of dollars on major repairs of the jails destined for closure.
ACS's contracts with nonprofit agencies to provide foster care services to children who cannot remain safely in their homes. The city is in the process of rebidding those contracts, with new ones set to begin next fiscal year. In this brief, IBO explores the changes expected under the new contracts.
IBO analysis of shows that the DOE requires additional city funding to continue programs funded with federal Covid aid, for Carter Cases, charter schools and more.
IBO presents its Fiscal Outlook Report for Fiscal Years 2024 and 2025 containing our latest economic forecast, tax revenue projections and spending estimates.
IBO produced a detailed explanation of its projections for future costs associated with asylum seekers, and how they differ from the projections in the 2024 November Plan.
This report focuses on subsets of Program to Eliminate the Gap cuts which may substantially impact the life experiences of New Yorkers, referred to as “Human Impact PEGs”.
Interested in learning more about budget cuts to City programs like libraries? Explore our in-depth analysis of the Mayor's FY2025 PEGs and their impact on programs, services, and City functions. Check it out now.
The Independent Budget Office (IBO) has completed its comprehensive review of the Adams Administration’s Fiscal Year 2025 Executive Budget and Financial Plan. IBO anticipates a budget surplus of $5.1 billion in fiscal year 2024—$1.1 billion higher than the Administration.
The City of New York is at a pivotal fiscal moment. Tax revenues for the current fiscal year are coming in far above projections, yielding a substantial surplus; however, neither the Mayor’s Office nor the Comptroller’s Office expect this trend to continue.
The Preliminary Budget closes the $2.88 billion budget gap projected in November, on the strength of an expected $2.77 billion surplus in FY 2022, derived primarily from $1.60 billion in additional tax revenues and savings of $866 million from the Program to Eliminate the Gap (PEG).
This Citywide Statement of Needs FY 2024/2025 contains agency proposals to establish, replace, consolidate, expand, or close City facilities during the next two fiscal years.
This Citywide Statement of Needs FY 2025/2026 contains agency proposals to establish, replace, consolidate, expand, or close City facilities during the next two fiscal years.
The Interagency Foster Care Task Force (the Task Force) was created following the enactment of Local Law 143 of 2016, and charged with issuing recommendations to improve services and outcomes for youth in and aging out of foster care.
Pursuant to Section 241 of the New York City Charter, the Queens Borough President submits its expense and capital priorities for Fiscal Year 2025 Executive Budget