The new York City Independent Budget Office's study delves into these enrollment losses, offering: Interactive maps that visually portray enrollment declines in New York City schools by school district.
Included in its Preliminary Budget, the Adams Administration proposed 3 tax programs: one to enhance the value of city’s EITC, which increases the value of wages and salaries for low- and moderate-income tax filer; as well as 2 tax breaks to incentivize the development of childcare programs in NYC
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.
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?
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
As part of the effort to improve its fiscal health, New York City Health + Hospitals is counting on increased enrollment in its health insurance sudsidiary, MetroPlus.
IBO investigates the reason why there was an increase in the cost of Yankee Stadium-related parks. This report includes the background and facilities of the parks.
IBO calculated how much the city is owed in unpaid balances. IBO examined three primary sources of unpaid balances: parking and camera-generated violations, lienable property charges, and penalties adjudicated by the Office of Administrative Trials and Hearings that were incurred in CYs 2017-2022.
Want to take a deeper dive into average daily spending by specific agencies? IBO has you covered. Download IBO’s new NYC Spending in a Day tool to select specific NYC agencies and types of expenditures to come up with your own cost to run NYC for a day.
In our report on the Executive Budget, IBO presents our projections of tax revenues, our reestimates of spending under the Mayor’s proposals, and the resulting budget gaps and surpluses. The report also features our latest economic forecast, as well as outstanding risks.
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.
This report, issued by the Independent Budget Office, compares the per student public financial support for charter schools to the per student funding at traditional public schools. It was found that spending at each school varied based on their location.
For years, nonprofit social & human service providers have contended that city contracts did not fully cover indirect costs such as rent & utilities. The de Blasio Admin promised more funding, then reduced the allocation. Now the initiative to support indirect costs is fully funded—but for how long?
FOCUS ON THE PRELIMINARY BUDGET: The Mayor's latest capital commitment plan includes a 50 percent increase in funding through 2020 for green infrastructure projects
FOCUS ON THE PRELIMINARY BUDGET: The plan for capital spending in fiscal years 2017 through 2020 has grown under the Mayor's latest capital commitment plan, which accompanied the preliminary budget. Along with the growth in planned spending comes and increase in expected borrowing
FOCUS ON THE PRELIMINARY BUDGET: As the city's public hospitals have faced ongoing fiscal challenges, the de Blasio Administration has increased the city's funding for the system.
This article reviews how domestic violence has impacted the city spending. It includes the services provided to those suffering from domestic violence and how to prevent it.
An article about the increase in spending on the Runaway and Homeless Youth initiative and about the growing need for services for homless youths. The spending has doubled since 2005.
A recent court decision may allow Gowanus to be the next neighborhood rezoned under the Mayor’s initiative, but 6 other neighborhood rezoning plans—from East New York to the Bay Street corridor--are already approved and underway. We look at the status of funding for 87 local projects.
FOCUS ON THE PRELIMINARY BUDGET: After an initial rise of about 10 percent in the cash assistance caseload following the de Blasio Administration's changes, which made the public assistance system less punitive and more focused on education and training, the caseload increase now appears to have leveled off.
FOCUS ON THE PRELIMINARY BUDGET: Mayor de Blasio adds city funds to latest capital commitment plan for repairs of the East River bridges and to repave city streets
The New York City Independent Budget Office conducted a review of the Points of Agreement (POA) negotiated by the Mayor and the local City Council member for eight neighborhoods rezoned from 2016-2021.
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.
This 2008 report focuses on the allocation and uses of resources for various competing budget priorities. Listed in this report are the various options available for saving money and raising revenue, as well as the weighed/approximated costs and benefits for each option.
New York City Independent Budget Office - Budgeting is essentially a series of tradeoffs, as city officials seek to balance the level of services that can be provided with the revenues that must
be raised to fund those services. These tradeoffs lie at the heart of IBO's annual publication of Budget Options for New York City. The report offers many options for bringing services and resources into
balance.
The City of New York faces financial pitfalls going into the next Fiscal Year, forcing the City to find and implement solutions that will increase savings and revenues. This report details over fifty financial options the City can take to improve its economic state. In addition, New York City's Independent Budget Office presents arguments for and against implementing each of these options. The goal is to analyze each option to figure out the best solution for the City.
This report lists the budget options the City faces after the recession. The recession caused the loss of a significant amount of state aid and federal cutbacks, as well as growing pension and health expenditures, debt service, and other costs. These problems must be rectified and the options listed are potential solutions.
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.
With the release of our latest edition of Budget Options for New York City , IBO looks at dozens of ways to reduce city spending or raise revenues through tax, fee, or fine increases. As in past editions, a basic description of each budget option is presented along with a side-by-side discussion of key arguments for and against each measure's implementation.
IBO presents 10 new ways NYC can cut costs or raise revenue. As with all of our 100+ options, we neither endorse nor reject the ideas. See the descriptions & estimates of revenues/savings, with pros & cons for each option.
For each of IBO’s more than 100 budget options, including the new ones and many that have been recently updated, we outline key arguments for and against the proposals along with estimates of their potential to save or raise city funds.
Budget Options are policy ideas that have the potential to create savings or new revenue for the City. Every year, IBO publishes an updated volume to help spark policy discussions throughout New York City.
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.