FISCAL HISTORY: We’ve updated our tables on New York City revenue, spending, and full-time staffing to include fiscal year 2020. The charts cover four decades of the city’s fiscal history.
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.
Nearly 3 dozen arts and cultural organizations are located on city-owned property and receive operating subsidies. These organizations, known as the Cultural Institutions Group, vary widely in attendance and budget levels.. How dependent are these institutes on their city subsidies?
REPORT: IBO remains cautiously confident about NYC’s fiscal outlook. Read our latest economic forecast and projections of revenue and spending through 2023.
Parent–teacher associations can buy a range of goods and services for their schools. But the associations can also make monetary donations to their school’s budget, as 132 did in school year 2017-2018. How much did the associations contribute and how did it vary by school type, school poverty rate?
IBO’s Sarita Subramanian discusses New York State and City education aid formulas and how they address student need at a hearing of the State Senate Committees on Education and Budget and Revenues.
In 2017, the city changed its primary program for helping to get cash assistance recipients into jobs. After an initial decline, are more cash assistance recipients now finding jobs?
In 2016 the Mayor revamped how the city cleans and maintains the city’s schools—promising better services and potential savings. Has the city achieved savings?
IBO’s Jonathan Rosenberg presents testimony to the City Council on the difficulty in tracking the reasons for delays and cost overruns on parks department capital projects—a problem that extends to projects at other agencies as well.