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Detailed Tables on IBO's Revenue and Expenditure Estimates

Date Published:: 2012-05-22
Description:: Tables on IBO's revenue and expenditure estimates for FY 2011.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Not All Funding Appropriated for “General Classroom Instruction & School Leadership” Goes Into School Budgets

Date Published:: 2012-09-11
Description:: Not All Funding Appropriated for “General Classroom Instruction & School Leadership” Goes Into School Budgets
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Education and Budget and Finance
Report Type:: Other

How Has Medicaid Spending on New York City Residents Changed Since Gov. Cuomo Implemented Savings Measures?

Date Published:: 2012-09-25
Description:: How Has Medicaid Spending on New York City Residents Changed Since Gov. Cuomo Implemented Savings Measures?
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

Why Did 1.3 Million New York City Tax Filers (35%) Pay No City Income Tax in 2010?

Date Published:: 2012-09-27
Description:: Why Did 1.3 Million New York City Tax Filers (35%) Pay No City Income Tax in 2010: 67% had incomes below the threshold
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

How Much Will Washington’s Tax Deal Cost New York City’s Taxpayers? A Very Preliminary Estimate

Date Published:: 2013-01-02
Description:: A chart showing a very preliminary estimate of how much a tax deal will cost taxpayers in New York City
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Data / Statistics

Budget Options for New York City, Fall 2013

Date Published:: 2013-12-04
Description:: Report focuses on the allocation and uses of resources for various competing budget priorities, including the various options available for saving money and raising revenue, as well as the weighed/approximated costs and benefits for each option.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Annual

Are Red-Light, Bus-Lane, and Speed Cameras Becoming The Main Drivers of Revenue from Traffic Fines?

Date Published:: 2014-07-15
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

The City’s 2015-2019 Capital Plan for Public Schools: How Many New Seats & When Will They Be Ready?

Date Published:: 2014-08-26
Description:: Under the recently adopted fiscal year 2015-2019 capital plan for schools, 62 percent of the 32,560 new seats will be completed within the five-year plan period, including projects that had been funded for design but not construction under the previous plan.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Education and Budget and Finance
Report Type:: Adjudications / Decisions

Is There Another Way to Tally City Budget Surpluses?

Date Published:: 2014-09-16
Description:: The surplus as reported in the city’s budget does not reflect all the uses of funds that could be counted as part of a year’s surplus.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Adjudications / Decisions

How Much Would the City’s Annual Contribution Be Today If Aid for the MTA's Capital Projects Had Kept Pace with Inflation?

Date Published:: 2015-01-22
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

Does City Spending on Antismoking Efforts Affect Smoking Rates?

Date Published:: 2015-08-11
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Health and Budget and Finance
Report Type:: Other

Has the Distribution of Cultural Development Funds Shifted Over Seven Years?

Date Published:: 2015-08-25
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Culture and Budget and Finance
Report Type:: Other

How Much Do Public School Budgets Vary Across the City’s School Districts and Boroughs?

Date Published:: 2015-09-08
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Education and Budget and Finance
Report Type:: Other

Where Are Funds Going Under the Mayor’s Task Force on Behavioral Health and Criminal Justice Plan?

Date Published:: 2015-12-07
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

Has the Amount of Federal Aid to New York City Changed Over the Past Five Years?

Date Published:: 2016-02-01
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

With Sexually Transmitted Disease Cases Rising in New York City, What Happened to Spending on Treatment and Prevention?

Date Published:: 2017-02-08
Description:: Cases of sexually transmitted diseases—chlamydia, gonorrhea, and (primary and secondary) syphilis—have reached their highest reported levels in 30 years in NYC and record levels nationwide.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Health, Diseases, and Budget and Finance
Report Type:: Other

Independent Budget Office Fiscal Brief

Date Published:: 2018-09-25
Description:: While lead paint is the primary source of exposure to lead in New York City, tap water can also be a source of lead—and many privately owned small residential buildings in the city have plumbing that contains a much higher level of lead than is allowed in new construction today.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Water, Budget and Finance, and Health
Report Type:: Reports - Other (Consultant/Staff)

Fiscal Outlook

Date Published:: 2018-12-20
Description:: IBO presents its annual fiscal outlook report, featuring our latest local economic forecast along with our estimates of revenue and spending under the financial plan released by the Mayor last month.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Annual

Budget Options for New York City

Date Published:: 2019-01-03
Description:: We’ve updated and reformulated our compendium of ways the city can raise money or cut spending. Budget Options for New York City is now designed as a web-based publication. This enables us to update budget options or add new ones as circumstances change or new information becomes available.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Annual

How Does the City Collect Parking Fines from Delivery Companies and Other Businesses?

Date Published:: 2019-02-05
Description:: To reduce the burden on the city’s traffic courts the city provides an incentive to businesses that agree not to dispute parking violations.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Newsletters / Other Serial Publications

Overview: An Analysis of the Mayor’s Preliminary Budget for 2020 and Financial Plan

Date Published:: 2019-03-06
Description:: IBO presents an overview of our analysis of the Mayor’s Preliminary Budget for 2020 and financial plan through 2023. The report includes our projections of city budget gaps and surpluses, highlights of our latest economic forecast, and re-estimates of revenue and spending under the Mayor’s plan
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Focus on the Preliminary Budget

Date Published:: 2019-03-11
Description:: The city has committed more than $4 billion over 10 years that can be used to meet the terms of the settlement with federal officials for repairs at public housing developments across the city. Yet the full cost of the settlement is unclear, and may require additional city funds.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Focus on the Preliminary Budget

Date Published:: 2019-03-13
Description:: The Governor’s budget proposes that New York City—and just New York City—pay 10 percent of annual Family Assistance costs, a program that has been funded completely with federal dollars in the past.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Focus on the Preliminary Budget March 2019

Date Published:: 2019-03-18
Description:: The Governor’s budget would require the city to pick up 10 percent of certain shelter costs previously covered entirely with federal dollars.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Focus on the Preliminary Budget March 2019

Date Published:: 2019-03-19
Description:: In a 2015 plea agreement, BNP Paribas bank paid $8.9 billion in criminal penalties, including nearly $900 million to the city. Much of those funds remain unused.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Criminal Justice
Report Type:: Budget / Finance

Focus on the Preliminary Budget

Date Published:: 2019-03-20
Description:: Foundation Aid is the largest form of state support for the city’s schools. The budget proposals from the Governor and the Legislature remain far apart, not just in dollar amount but in how some of the funding can be used.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Adjudications / Decisions

Focus on the Preliminary Budget

Date Published:: 2019-03-21
Description:: Under the Mayor’s plan, the budget for summer jobs for youth would increase by more than $30 million, but the number of slots for participants would fall.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Focus on the Preliminary Budget

Date Published:: 2019-03-25
Description:: The fiscal condition of the city’s public hospitals may be looking better than in the recent past, but a prognosis of modest shortfalls remains for the years ahead.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Focus on the Preliminary Budget

Date Published:: 2019-03-28
Description:: We project that NYC tax revenue will grow from $61.0 billion this year to nearly $70.6 billion in 2023. Get the details behind the numbers in our projections for individual taxes.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Under the Radar: Big Rise in After-School Programs for Elementary and Middle School Students

Date Published:: 2019-04-23
Description:: While there’s been much attention to the de Blasio Administration’s expansion of pre-k and 3-k, after-school programs for elementary and middle school students also have substantially increased. We track the rise in enrollment and spending since 2014.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Education, Children, and Budget and Finance
Report Type:: Budget / Finance

Past as Prologue: Revised Histories and Extraordinary Trends in the New York City Economy

Date Published:: 2019-05-10
Description:: In recent years annual revisions to federal labor force data for New York City have been large and hard to anticipate. These revisions have been further complicated by some unusual recent trends in local employment. We take a closer look.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Recession Ahead? While Concerns Mount, Projections Show Moderate Growth in NYC Tax Revenue for the Upcoming Years

Date Published:: 2019-05-15
Description:: IBO presents a comprehensive analysis of the 2020 Executive Budget & Financial Plan through 2023, including our projections of spending, revenue, & budget gaps & surpluses under the Mayor’s proposals. The report also features our latest economic forecast & an analysis of the Mayor’s saving plan.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Adjudications / Decisions

Testimony to the New York City Council on Improving the Efficiency of Parks Department Capital Projects

Date Published:: 2019-11-12
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Parks and Recreation
Report Type:: Other

Revenues, Risks & Reserves: NYC’s Budget Remains Sound Despite Slowing Economy, Fiscal Perils from Albany & Beyond

Date Published:: 2019-12-23
Description:: REPORT: IBO remains cautiously confident about NYC’s fiscal outlook. Read our latest economic forecast and projections of revenue and spending through 2023.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Department of Education Spending Since 1990

Date Published:: 2020-01-27
Description:: Our data detailing school spending since 1990 has been updated and now features interactive charts and graphs. It includes information on per pupil spending, revenue sources, and school debt service and pension costs.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Education and Budget and Finance
Report Type:: Budget / Finance

Snapshot: Key Findings From IBO's Review of the Mayor's Preliminary Budget for 2021

Date Published:: 2020-02-05
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

Budget Options for New York City: New Options

Date Published:: 2020-02-12
Description:: BUDGET OPTIONS FOR NYC: We’ve added five new measures to our compendium of dozens of ways the city can raise revenue or cut spending.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

Revised: Education Spending Since 1990

Date Published:: 2020-02-18
Description:: A revision of IBO's chartbook detailing Department of Education spending since 1990. Includes spending on both PS and OTPS.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Education and Budget and Finance
Report Type:: Budget / Finance

An Analysis of the Mayor’s Preliminary Budget for 2021 and Financial Plan

Date Published:: 2020-02-28
Description:: In this new report we present the details of our latest economic forecast & projections of tax revenue and spending based on the Mayor’s Preliminary Budget for 2021 and financial plan through 2024.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

More Funds for Final Push to Wrap Up Hurricane Sandy’s Housing Recovery Programs

Date Published:: 2020-03-05
Description:: FOCUS ON THE PRELIMINARY BUDGET: Seven years after Hurricane Sandy swamped the city’s coastal neighborhoods, the programs aimed at restoring damaged homes and apartment buildings linger on. More money has been added to the city’s budget to finish the job.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Governor’s Proposal Would Add to New York City’s Increasing Share of Cash Assistance Costs

Date Published:: 2020-03-10
Description:: FOCUS ON THE PRELIMINARY BUDGET: Governor’s budget would hike the cost of cash assistance for the city. Again.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Homelessness Continues to Roil the Mayor’s Spending Plans

Date Published:: 2020-03-11
Description:: FOCUS ON THE PRELIMINARY BUDGET: Costs related to homelessness—from prevention to shelter—continue to pose a variety of fiscal challenges.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Governor’s Budget Comes Up Short on Expected Aid For City Schools

Date Published:: 2020-03-17
Description:: FOCUS ON THE PRELIMINARY BUDGET: Although the Governor’s budget would increase state aid for schools by over $800 million, the city’s share is less than the Mayor had expected in the Preliminary Budget for 2021.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Education and Budget and Finance
Report Type:: Budget / Finance

Proposed State Budget Continues Pattern of Cuts to Child Welfare

Date Published:: 2020-03-18
Description:: FOCUS ON THE PRELIMINARY BUDGET: Over the past three years, the state has forced New York City to shoulder an increasing amount of annual child welfare and juvenile justice costs. The Governor’s budget for 2021 would continue this pattern.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

Covid-19's Toll on the Local Economy: A Preliminary Estimate of Job Losses & Tax Revenue Declines

Date Published:: 2020-04-15
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

Safety Net: Background on the City’s Budget Reserves and How the Mayor Plans to Use Them

Date Published:: 2020-05-05
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

Executive Budget: Testimony to the New York City Council

Date Published:: 2020-05-06
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

How Much “CARE” for NYC? An Estimate of Federal Coronavirus Emergency Relief Act Funding to the City Budget

Date Published:: 2020-05-11
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

Tumbling Tax Revenues, Shrinking Reserves, Growing Budget Gaps: New York City Faces Substantial Fiscal Challenges in the Weeks and Months Ahead

Date Published:: 2020-05-18
Description:: The details behind our latest economic forecast, estimate of tax revenues, and projection of spending based on the Mayor’s Executive Budget and Financial Plan through 2024.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Annual

School Aid Shortfall: State Aid for New York City Schools Falls, and Could Fall Further

Date Published:: 2020-06-04
Description:: FOCUS ON HE EXECUTIVE BUDGET: State aid for New York City schools has been cut in the budget recently passed in Albany, and may fall further as the year continues.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Education
Report Type:: Newsletters / Other Serial Publications

Last November Voters Approved an Increase in Civilian Complaint Review Board Staffing. Does the Mayor’s Budget Plan Provide the Funds?

Date Published:: 2020-06-05
Description:: 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?
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

Mayor’s Budget Includes Nearly $475 Million in Public School Savings: Cuts Fall Most Heavily on General Education Classrooms

Date Published:: 2020-06-09
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Education
Report Type:: Other

How Much Might Youth and Their Families Lose in Wages If The Summer Youth Employment Program Is Canceled?

Date Published:: 2020-06-11
Description:: NYC BY THE NUMBERS: The Mayor budget includes the cancelation of this summer’s Summer Youth Employment Program. How much will that mean in lost income for the youth and their families?
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Youth
Report Type:: Other

A Summer of Discontent? Mayor Budgets for Summer Closures and Program Cancelations

Date Published:: 2020-06-15
Description:: FOCUS ON THE EXECUTIVE BUDGET: Summer programs canceled, pools closed. A pandemic and budget shortfalls may lead to a summer of discontent—but substantial savings for the city.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance, Youth, and Parks and Recreation
Report Type:: Other

Mounting Troubles: Coronavirus Burdens the New York City Housing Authority’s Already-Strained Finances

Date Published:: 2020-06-16
Description:: FOCUS ON THE EXECUTIVE BUDGET: The Covid-19 pandemic has added to the burdens of the city’s fiscally and physically troubled public housing. Does the Mayor’s Executive Budget provide help?
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Housing New York: Capital Budget Suggests Delays in Affordable Housing Financing

Date Published:: 2020-06-22
Description:: FOCUS ON THE EXECUTIVE BUDGET: Capital funding for affordable housing preservation and development programs has been shifted and, in some instances, shrunk in the Mayor’s latest budget plan.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Housing - Low Income
Report Type:: Reports - Other (Consultant/Staff)

Budget Changes for Vision Zero: A Pandemic-Related Blip or a Backpedal?

Date Published:: 2020-06-23
Description:: FOCUS ON THE EXECUTIVE BUDGET: The Mayor’s budget for Vision Zero includes a relatively small cut in the Department of Transportation’s expense budget but an increase in capital spending.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Transportation, Infrastructure, and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

New York City Police Department Uniformed Overtime

Date Published:: 2020-06-25
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Police
Report Type:: Other

Workforce Savings: The Mayor’s Budget Plan Includes Trimming the Number of City Workers

Date Published:: 2020-06-29
Description:: FOCUS ON THE EXECUTIVE BUDGET: Before the Mayor’s recent announcement that that the city may need to lay off or furlough as many as 22,000 municipal workers, the Executive Budget included the elimination of some vacant positions and a partial hiring freeze.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Civil Service
Report Type:: Reports - Other (Consultant/Staff)

Have NYC’s Cash Assistance Rolls Grown Following The Pandemic-Related Rise in Unemployment?

Date Published:: 2020-07-09
Description:: NYC BY THE NUMBERS: The Covid-19 pandemic has led to a surge in unemployment and an increase in government assistance, including cash assistance grants. How much have New York city’s cash assistance rolls grown in recent months?
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Public Welfare, Poverty, and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Snapshot: IBO's Updated Economic and Revenue Forecast and Review of the Adopted Budget for 2021

Date Published:: 2020-07-21
Description:: REPORT: Our new economic forecast and projections for tax revenue & spending based on the recently adopted budget for fiscal year 2021 & financial plan through 2024. The report, which includes our latest projection of job losses & gains and estimates of budget surpluses and gaps in the coming years.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

How Much Did the 2021 Adopted Budget Reduce Spending For the New York City Police Department?

Date Published:: 2020-08-18
Description:: NYC BY THE NUMBERS: Was $1 billion cut from the New York Police Department budget for this year? And how much of that cut continues next year and beyond in the city’s financial plan?
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Police and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Reopening in a Pandemic: Estimating the Additional Costs for NYC Public Schools

Date Published:: 2020-09-17
Description:: 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.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Education
Report Type:: Other

Getting a Read on Library Subsidies: City Support for the Library Systems Has Grown, Did Public Use Rise Too?

Date Published:: 2020-09-29
Description:: In 2016, the Mayor and City Council provided the libraries with a substantial hike in their subsidies with the aim of increasing public access and use of the more than 200 library branches across the five boroughs. How well have those goals been met?
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Libraries and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Budget Options For New York City

Date Published:: 2020-12-01
Description:: BUDGET OPTIONS FOR NYC: We present 14 more ways the city can cut costs or raise revenue, with some pro and cons for each of the measures. Our compilation now includes more than 100 budget options.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

IBO Releases New Budget Options

Date Published:: 2020-12-01
Description:: The New York City Independent Budget Office today released 14 more measures that could reduce city spending or raise tax and other revenues as the city faces a difficult fiscal climate.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Press Releases

Hard Times Ahead?: While Projected Budget Gaps Are Modest, the Economic and Fiscal Risks NYC Faces Are Not

Date Published:: 2021-01-06
Description:: IBO’s fiscal outlook report presents our latest economic forecast for the city along with our projections of revenues and expenditures under the Mayor’s November financial plan.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Annual

Snapshot: Key Findings From IBO’s Latest Economic Forecast and Review of the Mayor’s 2022 Preliminary Budget and Financial Plan

Date Published:: 2021-02-11
Description:: PRELIMINARY BUDGET REPORT: In this new report we present our latest economic forecast and analysis of the Mayor’s 2022 Preliminary Budget and Financial Plan through 2025. In the form of a chart book the report presents our key findings on the local economy and projections of tax revenues & spending.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Budget / Finance

FEMA Increase to Covid Reimbursement Means Over $1 Billion More for the City

Date Published:: 2021-02-16
Description:: PRELIMINARY BUDGET FOCUS: Just hours before the Mayor released the 2022 Preliminary Budget he learned that the Federal Emergency Management Agency was increasing its reimbursement rate to the city for Covid-related costs. How much more can the city expect and what does this mean for city spending?
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Emergencies, Budget and Finance, and Finance
Report Type:: Budget / Finance

Homeless Services Sees Shift in Shelter Populations and Influx of FEMA Funding

Date Published:: 2021-02-22
Description:: FOCUS ON THE PRELIMINARY BUDGET: Over the past year, shifts in the composition of the city’s homeless population, increased spending on rental assistance, and pandemic-related aid from the Federal Emergency Management Agency have altered the city’s costs for providing shelter for the homeless.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Homeless Persons, Emergency Preparedness, and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Outlook for the City’s Economy: A Slow and Fragile Recovery

Date Published:: 2021-03-01
Description:: PRELIMINARY BUDGET FOCUS: A more detailed presentation of our most recent economic forecast for the city reveals a slow path towards recovery, with some sectors of the economy continuing to trail through 2025.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

While Tax Collections Are Stronger Than Expected, Revenue Forecast for 2021 Still Less Than Last Year

Date Published:: 2021-03-02
Description:: PRELIMINARY BUDGET FOCUS: A new brief focusing on our latest estimates for tax revenues based on our recent economic forecast and the Mayor’s Preliminary Budget and financial plan through 2025.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Taxation and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Testimony on The Mayor's Preliminary Budget for 2022

Date Published:: 2021-03-02
Description:: Testimony of IBO Director Ronnie Lowenstein to the City Council on the mayor's preliminary budget for fiscal year 2022.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

Education Spending Since 1990: March 2021 Update

Date Published:: 2021-03-16
Description:: We’ve updated our charts on education department spending. The update now chart spending per student, enrollment, sources of funding, and other details from 1990 through 2020
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Education and Budget and Finance
Report Type:: Other

New York City Delivers on Covid Emergency Food Budget

Date Published:: 2021-03-17
Description:: As the pandemic swept the city and lead to school closures, job losses, and quarantine, food insecurity grew. New York City spending for emergency food grew too.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Sanitation, Emergency Preparedness, and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Governor’s Executive Budget Proposes Nearly $50 Million in Human Services Cuts to New York City

Date Published:: 2021-03-18
Description:: Continuing a pattern of cost shifts in recent years, the Governor has proposed a 5 percent cut in state aid for human services programs. See how the reductions would affect aid to the city.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Families, Budget and Finance, and Poverty
Report Type:: Reports - Other (Consultant/Staff)

Federal Aid, Governor’s Proposals Combine for a Complex Funding Picture for the City’s Schools

Date Published:: 2021-03-19
Description:: PRELIMINARY BUDGET FOCUS: Under the Governor’s budget plan, state aid to NYC schools would grow next year. But the outlook for school aid is complicated by an influx of federal pandemic school aid and the Governor’s proposed restructuring and reductions of school support from Albany.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Education and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

“Carter Case” Spending for Students With Special Needs Continues to Grow Rapidly

Date Published:: 2021-03-22
Description:: PRELIMINARY BUDGET FOCUS: City spending on tuition and other supports for special needs students under the rubric of Carter Cases continues to rise rapidly.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Education and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Proposed Pension Changes Would Bring Near-Term Savings But Higher Future Costs

Date Published:: 2021-03-30
Description:: PRELIMINARY BUDGET FOCUS: A number of changes have been proposed that would affect how the city’s annual contribution to its pension funds are calculated. We explain the changes and their implications for the city’s budget:
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Pensions and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Housing Authority Budget Faces Challenges As City Looks to a Post-Covid Future

Date Published:: 2021-04-06
Description:: The city’s public housing authority has to deal with removing lead paint, fixing broken elevators, a backlog of thousands of other repairs—and growing budget gaps. See the details on the housing authority’s fiscal challenges.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Public Authorities and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Two Covid-Necessitated Learning Programs Likely To Exceed Their $150 Million Budget

Date Published:: 2021-04-08
Description:: With the parents of thousands of preschoolers needing to go to work and many K-8th grade students doing schoolwork remotely, the de Blasio Administration created the Learning Bridges and Learning Labs programs to provide care, supervision, and help with classes at hundreds of sites across the city.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Youth and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Budget Options for New York City: New Options, May 2021

Date Published:: 2021-05-04
Description:: Budget Optionbs for New York City: We’ve added more ways the city can save money or raise revenue to our online compilation of budget options.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Saving Money, Raising Revenue: Budget Options for New York City

Date Published:: 2021-05-04
Description:: The New York City Independent Budget Office is today adding to its compilation of roughly 100 budget options for the city—ways New York could cut spending or raise revenue. In addition to the new measures introduced today, we have revised or updated a number of initiatives included in our online Bud
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Press Releases

Double Shot: An Infusion of Federal Funds Boosts City’s Bottom Line, as Vaccines Bring Optimism for Economic Recovery

Date Published:: 2021-05-17
Description:: The Covid-19 pandemic and the resulting lockdown brought about extraordinary economic distress for New York City and its residents. That distress is now easing thanks to an influx of federal aid to the city budget and the successful development and distribution of Covid-19 vaccines.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Annual

Testimony of Ronnie Lowenstein to the New York City Council on the Executive Budget & Financial Plan

Date Published:: 2021-05-24
Description:: IBO Director Ronnie Lowenstein's testimony to the New York City Council on our latest economic forecast and review of the Mayor’s Executive Budget and financial plan.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

Executive Capital Plan Builds on Existing Funding for Affordable Housing

Date Published:: 2021-06-09
Description:: The Mayor’s latest capital plan adds more funding for the development and preservation of housing over the next five years. Which programs are getting an increase?
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Housing
Report Type:: Reports - Other (Consultant/Staff)

Department of Sanitation: Using the Infusion of Federal Funds and Rebooting the Organics Program

Date Published:: 2021-06-14
Description:: EXECUTIVE BUDGET FOCUS: With a boost from federal Covid-related funds, the Mayor’s budget plan enables the sanitation department to restart a variety of program cut during the recent budget crunch.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Sanitation and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Police Overtime Spending Is Down This Year. How Far Down, and Is It Expected to Stay Below Past Years?

Date Published:: 2021-06-18
Description:: 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?
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Police
Report Type:: Other

Progress on the Manhattan Greenway: Nearing the Finish Line?

Date Published:: 2021-06-25
Description:: EXECUTIVE BUDGET FOCUS: The Mayor has allocated funding to complete the Manhattan Greenway. What’s left to do and how much will it cost?
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Parks and Recreation and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Will City Support for the Public Hospital System Continue to Increase?

Date Published:: 2021-06-28
Description:: EXECUTIVE BUDGET FOCUS: After years of struggle, NYC Health + Hospitals’ fiscal condition has improved. Part of the elixir has been increased city support. But will this support be able to continue?
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Hospitals
Report Type:: Reports - Other (Consultant/Staff)

A Full Accounting: How Much Does New York City Spend On Its Criminal Justice System

Date Published:: 2021-07-06
Description:: There’s been much attention over the past year to how much the city spends on the police department. But policing is only one part, albeit a large one, of a bigger system that includes the courts, detention & related functions. We look at the full cost of the justice system and how much it has grown
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Criminal Justice
Report Type:: Reports - Other (Consultant/Staff)

Federal Assistance: How The Mayor Plans to Use Billions In Covid-Related Aid For Schools

Date Published:: 2021-09-22
Description:: NYC is set to receive $7.3b in federal education aid from the 2 most recent stimulus acts, the CRRSA & ARPA. IBO details their planned uses and examines how much is budgeted for initiatives that will likely continue after federal funding stops.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Education
Report Type:: Reports - Other (Consultant/Staff)

Has the de Blasio Administration Made the City’s Capital Commitment Plan More Realistic?

Date Published:: 2021-09-30
Description:: For many years, the city’s capital plans, which outline when funds for capital projects will be committed, have been substantially front-loaded with much of the funds slotted for the first year of each four-year plan—even though it was unlikely funds could or would be committed in that timeframe.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Requiring The City to Report on its Design-Build Contracts

Date Published:: 2021-10-20
Description:: IBO Assistant Director Jonathan Rosenberg's testimony to the New York City Council on a bill requiring the city report on its design-build contracts.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance and Building Construction
Report Type:: Other

Fiscal Outlook Report

Date Published:: 2022-01-04
Description:: IBO presents our latest economic forecast for the city along with our projections of revenues and expenditures under the Mayor’s November financial plan. We forecast key economic indicators, such as the jobs recovery from the pandemic-induced recession, and estimate budget gaps and surpluses
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Annual

Ronnie Lowenstein Retiring As Director of IBO Provided 25 Years of Leadership

Date Published:: 2022-01-05
Description:: After 25 years of service, including more than 20 years as its director, Ronnie Lowenstein will retire from the IBO later this month. George Sweeting, IBO’s deputy director will become acting director. IBO congratulates Ronnie on her retirement & is grateful for her many years of service.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Press Releases

Key Findings From Our Latest Economic Forecast & Review of the November Financial Plan

Date Published:: 2022-01-25
Description:: IBO has posted the slides from our inaugural webinar: Key Findings From Our Latest Economic Forecast & Review of the November Financial Plan
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Other

Economic and Revenue Forecast: Recovery Continues as New Threats Emerge & Past Risks Remain

Date Published:: 2022-02-02
Description:: In this Budget Brief, IBO provides more details on our latest economic forecast and estimates of tax revenues, as well as a comparison with the Mayor’s tax projections included in the Preliminary Budget.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

A Full Accounting: An Analysis of the Mayor’s Proposed Headcount Reduction

Date Published:: 2022-03-02
Description:: A key part of the Mayor Adam's Program to the Eliminate the Gap (PEG) is budgeted headcount reductions. IBO examines how other actions contained within the budget affect the number of headcount reductions the Mayor proposes to make.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Employment, Budget and Finance, and Labor and Employment
Report Type:: Reports - Other (Consultant/Staff)

Key Findings From IBO’s Latest Economic Forecast And Review of the Mayor’s 2023 Preliminary Budget And Financial Plan

Date Published:: 2022-03-02
Description:: Our Snapshot Report is an slide deck that presents our key findings on the local economy, projections of tax revenues, and spending estimates under the Mayor’s Preliminary Budget.
Agency:: Independent Budget Office, NYC (IBO)
Subject(s):: Budget and Finance
Report Type:: Reports - Annual

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