The New York City Conflicts of Interest Board's monthly publication featuring articles and updates on ethics for the NYC public servant. April 2020, Volume 22, Issue 4
The minimum wage for New York City more than doubled between 2013 and 2020, as a result of State legislation, but its purchasing power has been eroded by the high rate of inflation in the wake of the COVID-19 pandemic. Two different legislative proposals in Albany aim to address the issue.
This Spotlight takes a deep dive into the care economy in New York City. We examine who care workers are: overwhelmingly women, and on average significantly older, less white, and more likely to be immigrants than non-care workers.
The DOE budget provides funding for a vast array of services to children in preschool to 12th grade that include classroom instruction, special education, charter schools, bilingual instruction, as well as a multitude of education support services.
The City of New York’s budget process is an annual rite of projections, proposals, debate, and ultimately adoption of plans for how much money will be collected by the City over a fiscal year and how that money will be spent.
The Office of the New York City Comptroller serves as investment advisor, custodian and trustee for the five New York City public pension funds (collectively referred to as the New York City Retirement Systems, or NYCRS).
At this time last year, many schools across NYC were facing budget cuts, and families were returning to schools with increased class sizes or to see favorite programs cut. Our May Spotlight described what led to the 2022-2023 funding cuts and what transpired afterwards to partially restore them.
Among the greatest challenges facing New York City’s economy is the availability and affordability
of housing. Economic growth and stability in NYC depend upon the ability for workers and others
wishing to move into or within the city to find housing they can afford.
This month’s Spotlight takes a closer look at this group of businesses and how it fared before, during, and after the pandemic. We focus on this large cluster’s composition, trends in employment and wage income, generated tax revenues, and the market for retail space.