The New York City Independent Budget Office (IBO) is announcing the publication of our report Exemption vs Abatement. This report provides policymakers with insights into the tax liability implications of these two different ways of structuring any new 421-a replacement program.
Project description required to be submitted to the speaker where the project receives financial assistance but the project is not required to be submitted for consideration to a Community Board, Borough Board or the City Council.
This report highlights the potential economic benefits of the New York State Access to Representation Act (S.999/A.170) and of providing immigration legal services to asylum seekers in City shelters
New York City’s annual infrastructure survey report estimated in 2020 that the maintenance costs of the Riverside Park Bridge W. 79th Street Traffic Circle would be $76 million. When the project went to bid just a few months later, the actual cost was almost double that, at $149.9 million.
As required by New York City Administrative Code, Title 25, Section 318, report containing the February 2024 Staff Level Reports of the Landmarks Preservation Commission
New York City government’s statutory debt limit is set by the New York State Constitution. The City is permitted to incur indebtedness to execute its capital projects up to a maximum tied by the State Constitution to a fraction of, conceptually, the value of real estate in New York City.
This study demonstrates that a new state-of-the-art wastewater resource recovery facility in the upper East River could transform the DEPs operations by connecting several separate drainage areas thereby increasing flexibility in a location with space to support future upgrades and maintenance.
In The Bottom Lines, we take a look at a select set of agencies that were not spared from budget cuts, many of which have seen measurable declines in the quality or quantity of service they are able to deliver to the people of New York.
This audit identified areas in which DPR could improve its oversight of its recreation centers to help ensure that equipment is maintained in satisfactory condition.