This Independent Budget Office fiscal brief addresses the increase in spending to assist inmates leaving jail in assimilating back into society. This report analyzes addresses old and current program efforts to tackle this issue and their expenses. Projections for future plans to increase these efforts are also included.
This Independent Budget Office Fiscal Brief addresses the increased City funding for arts and cultural groups for fiscal year 2008. Data, information, and analyses are provided on the new funding allocation system and its effect on art groups and the economy in New York City. This change had several goals: to make sure more of these program funds were available to more groups, to adopt a peer-panel review system that would award grants on a competitive basis, and to foster some level of fiscal stability among larger organizations by providing them with multiyear awards.
This report, published by the Independent Budget Office, details the fiscal impact of the proposed Atlantic Yards arena in Brooklyn. It was found that over a 30-year period, the arena will cost the city more than it will generate in tax revenues. However, the arena will fiscally benefit the state, as well as create many new jobs.
This guide is to help get New Yorkers to understand and participate in the city's budget process by outlining the components of the city's budget, the timelines and processes for adopting it, and providing an overview of how the city raises revenues and how those revenues are spent.
The city's fiscal outlook for 2011 and beyond may be less fraught than previously thought. The IBO has concentrated on updating its economic and tax revenue forecasts.
With state policymakers now considering whether to allow companies to drill for natural gas in the Catskill/Delaware watershed, many environmentalists and other New Yorkers are concerned about
potential contamination of the water from chemicals used in drilling.
IBO has examined Internal Revenue Service tax filer county to county migration data to track NYC in-migration and out-migration from 1989-2007 as well as moves within the city over that period.
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.
This report provides IBO's review of the Mayor's Preliminary Budget for 2011 and Financial Plan through 2014. The report presents the IBO's own economic and revenue forecasts and examines some of the
Mayor's key budget proposals.
This Independent Budget Office Fiscal Brief addresses the analysis of former Mayor Bloomberg's executive budget for 2011. This report also gives and analyzes the past and current financial state of the City, and makes predictions for the future. Major areas of focus in this report are taxes, the impact on the economy, expenditures, and projections for future budgets.
This New York City Independent Budget Office (IBO) fiscal brief addresses the issue of overcrowding in New York City schools, particularly in high schools. Included are various data tables and graphs on the issue, as well as recommendations on how to combat this issue to alleviate the pressure put on a small number of schools.
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.
Following with the City Council's Safe Housing Act, the Alternative Enforcement Program was implemented by the Department of Housing Preservation and Development. The purpose of this program was to improve the conditions of the city's rundown apartment buildings. Landlords have four months to fix their rundown apartments. After those four months, the city will reinspect the building, repair it, and send the bill to the owner, who will have to repay the city.
This article presents the budget challenges faced by the City in the upcoming fiscal year. The City faces challenges arising from rising pension costs and the expiration of federal funding, which makes it more difficult to keep the budget balanced.
This report compares schools proposed for closing against other schools. The schools proposed for closing are found to be low performing, with below average student performance. However, there is no guarantee that a closing school will be replaced by a more successful one.
This report explains the features that contribute to the stability of the property tax system. It shows how caps on growth in assessed value can lead to higher assessed values and how assessments move through the pipeline and how the pipieline grew through 2008, the year of the downturn.