As an advisory commission appointed by the Mayor and Council Speaker looks at ways to reform the city’s property tax system, we consider an idea suggested by a number of policy- and opinion-makers: reducing the percentage of a home’s market value that is subject to the property tax.
What if the de Blasio Administration’s proposal to base admissions to the city’s specialized high schools on grades and the state assessment tests had been in place for 8th graders in school year 2017-18? How would it have changed the demographics and achievement levels of students who got offers?
When a low-income household loses their income or faces an extraordinary bill, they can face a utilities cutoff--or eviction. Did the pandemic lead to a surge in one-time emergency housing grants by the city?
New York State real property tax law establishes the 421-a property tax exemption for the construction of new multifamily housing in the city. This map shows where & what types of buildings receive these breaks.
The average time in city jails credited to inmates newly sentenced to state prisons from Bronx courtrooms grew to 15.7 months in 2012, about six months more than the average in the remainder of the city. Lowering this average could save NYC money.
When Mayor Bloomberg presented his last budget plan in November, he noted that the city’s full-time and full-time
equivalent headcount had fallen by 15,368 since December 31, 2001. But staffing levels since the end of fiscal year 2002, tell a different story.
The city makes an annual payment to the Metropolitan Transportation Authority (MTA) to support the authority’s capital program. NYPIRG’s Straphangers Campaign asked IBO to review the annual contributions to see if they have kept pace with inflation.
The 421-a property tax exemption is the city’s largest tax expenditure, costing more than $1 billion
in forgone taxes each year. The exemption dates back to the 1970s and is currently up for renewal
IBO’s review of New York City’s spending on antismoking programs finds that spending levels
have varied widely in recent years—and that after trending downward the local adult smoking rate has been increasing.
In 2009, the city’s Department of Cultural Affairs concluded a multiyear initiative to reform the Cultural Development Fund, the primary source of city funding for hundreds of arts and cultural organizations throughout the five boroughs.
About 75,000 students—or over 7 percent—of the city’s 1.1 million public school students lived in the city’s homeless shelter system or were doubled up in the home of a friend or family member at some point during school year 2013-2014.
Before the recent announcement of ThriveNYC, the de Blasio Administration’s initiatives to improve access to mental health programs for youth, adults, and seniors, the Mayor had previously launched measures to boost behavioral health programs for the city’s inmate population.
In light of two recent high-profile school rezoning controversies in which overcrowded schools serving higher income students existed near underutilized schools largely populated by students in public housing, IBO examined the distribution of students from public housing across NYC public schools.
Although students with disabilities comprised about 18 percent of the overall student body in school year 2012-2013, they made up about 30 percent of the suspended student population (defined as the population of students who have been suspended at least one time).
New York City recycles a wide variety of waste, but some materials are more likely to be recycled than others. The city has three solid waste streams: refuse, paper recycling, and metal/glass/plastic recycling. Overall, about 44 percent of recyclable material is “captured” by city recycling programs
NYC Transit runs the city’s subways as well as buses in Manhattan and the Bronx and is one of several agencies that comprise the Metropolitan Transportation Authority. NYC Transit employs nearly 50,000 workers and 44,000 of them are union members.
Mayor Bill de Blasio is again calling for the implementation of a “mansion tax:” a surcharge on the sale of high-end residences in the city. The Mayor made this one of the featured proposals in his state of the city speech as well as in recent testimony to the state Legislature.
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.
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?
Over the last decade, the number of city residents receiving food stamps has more than doubled, while
public assistance recipients have decreased and the number of blind and disabled New Yorkers receiving
Supplemental Security Income benefits has remained flat.
Two new federal policies tying Medicare reimbursements to quality of care took effect in October 2012. Hospitals are now penalized for excess readmissions. An additional penalty or bonus can be awarded, based on adherence to clinical standards and ratings on patient surveys.
The amount the city budgets each year for snow removal is set by a formula in the City Charter. The formula is the average of spending on snow removal in the five prior years—so the budget for 2014 is based on the actual amounts spent in fiscal years 2008–2012.
Citywide, the average high school student’s commute to school—by subway, bus, or foot—in school year 2011-2012 was estimated to take 32 minutes. In comparison, the commutes for city residents to jobs in the five boroughs averaged 39 minutes in 2012.
In 2002, Mayor Bloomberg urged that the Metropolitan Transportation Authority (MTA) take over the 82 express and local bus routes (most based in Queens) operated by seven private companies under franchise agreements
that included city subsidies.
Preliminary data for fiscal year 2014 indicate the city received about $41 million in revenue from camera-generated redlight, bus-lane, and now speeding summonses, as well as $14 million in ticket revenue from traffic violations written up by police officers.
In the 2013-2014 school year, approximately 36,000 students took the test to determine their eligibility for a seat in a New York City public school Gifted & Talented program for the 2014-2015 school year.
There is a great deal of variation in average per pupil allocations across community school districts. In 2013-2014, the last school year in which budgets were set by the Bloomberg Administration, school district allocations averaged $8,255 per student in grades pre-k through 8.
Over the past 10 years, New York City’s overtime spending has increased from $928 million in 2006 to $1.659 billion in 2015, an increase of $731 million, or close to 80 percent (about 40 percent after accounting for inflation).
Over the past five years, total federal aid to New York City has declined from $7.9 billion in 2011 to just under $7.0 billion in 2015, a decrease of roughly $933 million, or nearly 12 percent. The change was mainly due to the drop in American Recovery and Reinvestment Act federal stimulus dollars.
Under federal and state law, families with young children receiving cash assistance and participating in work or training programs are guaranteed vouchers to pay for their choice of child care providers.
With the full implementation of the Affordable Care Act, the share of adults in New York City without health insurance dropped from 20.9 percent in 2013 to 13.8 percent in 2014, a 7.1 percentage point decline.
In September 2012, New York City launched a set of juvenile justice initiatives that included the expansion of alternative-to-placement programs for youth ages 7-15 found by Family Court to be juvenile delinquents.
The Department of Transportation repairs and maintains the city’s streets. To fulfill this task, the department performs an ongoing street quality assessment and rates sections of every street in the city on an 18-month rolling basis on a scale from 1 to 10.
The city’s diminishing stock of rent-stabilized apartments is highly sought after by prospective tenants because these regulated units often rent at below-market rates and offer a variety of tenant protections including the right to lease renewal.
Earlier we reported that 132 New York City parent-teacher associations granted nearly $13 million to their school budgets in school year 2017-2018. Now we answer the question: how were the funds spent?
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?
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.
IBO introduces a new publication--a set of charts and graphs that highlight key findings from our latest economic forecast and tax collection and spending estimates, based on the Mayor’s preliminary budget for 2021 and financial plan.
NYC BY THE NUMBERS: Based on recommendations from the city’s Board of Correction, the de Blasio Administration is considering the release of some people now held in the city’s jails. How many people in custody might be released?
The tumbling stock market has inevitably taken a toll on the value of the city’s pension funds. That means the city may have to increase its contributions to the funds by tens of million—if not hundreds of millions--of dollars in the coming years. We look at a few scenarios.
NYC BY THE NUMBERS: Subway ridership is way down. Which stations have seen the biggest declines in passenger entrances and what might plummeting ridership mean in terms of lost revenue for NYC Transit?
REPORT: The Covid-19 pandemic has played havoc with the city’s economy. We make some initial estimates of the resulting job losses and tax revenue declines compared with our estimates from just a couple of months ago.
As local tax revenue and aid from Albany decline due to the economic fallout from the coronavirus pandemic, Mayor de Blasio has proposed using a substantial share of reserve funds to help balance the city’s budget. We look at the city’s different reserve funds and the Mayor’s plan for using them.
TESTIMONY: IBO Director Ronnie Lowenstein presents the New York City Council with an overview of IBO’s latest economic forecast and our estimates of revenue and spending under the Mayor’s Executive Budget.
REPORT: Washington has enacted four relief bills related to Covid-19. How much of this funding will flow to the city budget and how much to other key local agencies such as the housing authority and public hospitals.
NYC BY THE NUMBERS: Since the de Blasio Administration began discharging people from the city’s jails to lessen the risk of Covid-19 contagion, the jail population has dropped by nearly 30 percent. Were some groups of people in custody more likely to be released than others? See the comparisons
NYC BY THE NUMBERS: Last November voters approved a change to the City Charter that increased staffing at the Civilian Complaint Review Board. Is staffing expected to reach the approved level under the Mayor’s Executive Budget?
FOCUS ON THE EXECUTIVE BUDGET: The Mayor’s savings plan for next year includes nearly $475 million in cuts to the education department—68 percent of the reductions target funding for general education classrooms.
NYC BY THE NUMBERS: There are just a few weeks left in FY 2021 and the police department is on pace to spend less on overtime than it has in recent years. But how much less and what are the prospects for reduced spending in the years ahead?
We often get questions about NYPD overtime spending. So here's an update: In a 2-week period roughly since antiracism protests began, NYC spent $115 million on police overtime, over 4X spent in same period last year.
LETTER: The city’s public schools are set to open next week (9/21/2020) with more than the usual number of teachers and the need for many safeguards. Council Member Mark Treyger asked us what this will cost.