IBO has analyzed data for apartments registered with preferential rents from 2010 through 2017 to quantify their prevalence and their relationship to tenant stability.
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.
Each school year there is considerable movement of students who transfer from one school to another or out of the city’s public school system altogether.
While 421-a Affordable New York has expired, talks on the future of the city’s largest tax expenditure continue. IBO examined how many affordable units it created since its start through June 2021, what incomes they serve, and how many received other subsidies.
A brief Infographic focused on a less evident support for NYC's arts and culture sector—payments to cultural nonprofits made by a wide array of city agencies as a contracted vendor through the city’s procurement process to provide goods or services.
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?
The Campaign Finance Board provides public funding to candidates running for local office. The 2021 election cycle was the first in which it implemented recent changes to increase public financing to campaigns. IBO e looks at the amount spent in '21 & how it compares to previous elections.
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.
When representatives of the real estate industry and construction unions failed to reach an agreement over wages in January, the 421-a tax benefit program came to a halt for the construction of new multifamily housing.
Efforts to rezone elementary schools to increase socioeconomic integration and ease overcrowding can spark vigorous debate in the affected communities. But admissions methods vary across the 32 school districts, and even among individual schools within districts.
One of Mayor de Blasio’s earliest education initiatives sought to establish 100 “community schools” that provide a mix of academic and other supports to students and their families through partnerships with community-based organizations. By August 2018 there were more than 200 community schools.
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.
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.
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).
Among the many spending reductions included in President Trump’s proposed 2018 budget are cuts to federal aid for lowincome individuals and families, including cash assistance, food stamps, and Supplemental Security Income.
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?
The new city funds announced in April bring the Fair Student Funding total allocated to school budgets up to $6.2 billion for the current school year, an increase of 3.4 percent.
The Department of Sanitation recently halted the expansion of its voluntary residential organics collection program. Low participation rates in neighborhoods receiving the service have kept the cost per ton collected high.
Without action from state lawmakers last week, the 421-a tax exemption will expire on June 15, 2022. However, even if the program is not renewed in a future session, it will continue to cost the city property tax revenue for years to come.
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.
In addition to the federal Covid-19 relief funds allocated to NYCs traditional public schools through the DOE, the city’s charter schools also received their own federal aid to help ease the impacts of the pandemic. IBO explores how much aid NYC’s roughly 300 charter schools received.
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
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.
IBO analyzed the impact of the state’s new reduced class size rules on NYC schools. We found it would require hiring of 17,700 teachers at a cost of at least $1.6 billion annually for full compliance
IBO was asked to analyze the costs NYC will incur for services to the city's newly arrived asylum seekers. Based on early Nov. numbers, IBO estimates the city will spend at least $596 million over a year on services such as shelter, public education, & some health-related costs, among others.
Press release for the New York City Independent Budget Office's report "Giving Some Back, Leaving Others Out: IBO’s Analysis of the Administration’s Second Consecutive Program to Eliminate the Gap This Fiscal Year."
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.
With concerns about rent stabilized apartments sitting vacant making headlines, the New York City Independent Budget Office (IBO) today released its study of apartment vacancies using New York State Homes and Community Renewal (HCR) data from 2017 through 2022.
Press release for the Independent Budget Office's report "The Inflexibility of Special Education Recommendations: An Examination of Efforts to Educate Students in the Least Restrictive Environment"
The New York City Independent Budget Office (IBO) is excited to announce the release of its new 2024 Budget Options Volume. Budget Options are policy ideas that have the potential to create savings or new revenue for the City.
Press release for the New York City Independent Budget Office's report "Exemption or Abatement? Structure of Proposed New 421-a Program Has Implications for All Property Tax Bills."
Over the past few months IBO participated as a non-voting observer on a task force to provide independent information and analysis. As part of that process, IBO simulated the fiscal impact of the task force’s top five recommendations. This presentation provides the results of those simulations.
Testimony focused on the Metropolitan Transportation Authority’s deficit relief as proposed in the New York State 2024 State Executive Budget and on the financing of the Penn Station Revitalization Plan
IBO Assistant Director Sarita Subramanian's testimony to the New York City Council on the city’s Fiscal Year 2023 Adopted Budget’s impact on school budgets.
Testimony at a City Council hearing on the 2023 Mayor’s Management Report and identify key indicators that speak to the City’s challenges to provide housing, cash and food assistance, and other services in a timely manner.
Did you know that Real Property Tax (RPT) is New York City’s largest source of tax revenue? Check out our recently released explainer and Real Property Tax Forecast to learn more!
IBO has completed its analysis on the duration of stays and demographic breakdown of people in City jails managed by the Department of Correction. There are 3 parts: report, glossary & methodology, and a public dataset.
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?
FOCUS ON THE PRELIMINARY BUDGET: The Mayor's latest budget plan includes a substantial increase in capital funding for new construction and preservation of housing
This New York City Independent Budget Office (IBO) fiscal brief addresses the disproportionate spending on students and general education in schools. The report includes data and analyses addressing the school system, general spending patterns in schools, teacher salaries, and other demographic related information.
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.
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 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 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 New York City Independent Budget Office (IBO) fiscal brief addresses the decreasing value of the City's subsidies to its three public library systems. The report addresses the purpose, importance, and use of the subsidies and analyzes the trend of the growing disparities among the library systems.
This New York City Independent Budget Office (IBO) fiscal brief addresses the initiatives taken to tackle the disproportionate spending on students and general education in schools. The report includes the plan for the new funding formula as well as the impact and responses it has created. Also provided are data and analyses addressing the school system, general spending patterns in schools, the model for the spending changes, and other demographic related information.
This New York City Independent Budget Office (IBO) fiscal brief addresses the new federal rules for welfare programs that went into effect in 2006. The report addresses the introduction of the new rules, their purpose and impact on the current programs, analyses, and projections for the future of these programs.
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 report focuses on the Mayor's executive budget plan for 2010. Included is an overview of the state of the economy and analyses of the plan and current expenditures. Information is provided on revenue as well, and current actions taken that affect the budget plan.
IBO examines the demographic differences at each step of the gifted admissions process when the test was still in place—for students entering kindergarten in the 2018-2019 school year.
A brief report summarizing the findings in "The Inflexibility of Special Education Recommendations: An Examination of Efforts to Educate Students in the Least Restrictive Environment."
This report details the impact of the City's congestion pricing plan on those who commute into New York City. The plan seeks to reduce workday traffic by charging motorists for driving into Manhattan, though this has a mostly negative effect on the commuting residents.
This report examines the rising cost of recycling and what should be done to lower the cost of recycling. It provides different methods of solving the cost problem.
This article examines the benefits of the proposed Child Care Credit for tax filers who are too poor to owe state and federal tax but owe income tax and have children.
Mayor Michael Bloomberg more than doubled the goal initially set in 2003 for his New Housing Marketplace Plan. The Mayor now aims to create or preserve 165,000 units of affordable housing over
10 years and anticipates spending $7.5 billion to meet the production and preservation goals.
This report summarizes the effects of Mayor Michael Bloomberg's plan to reduce homelessness in the city. The Mayor expanded homelessness prevention efforts as an attempt to decrease the number of people in the city's homeless shelters. The savings on shelter costs will be used to further fund prevention. However, despite these efforts, the number of homeless families in the city has risen, and spending on both prevention and shelters have grown.
This report summarizes the City and State's response to the Metropolitan Transportation Authority's (MTA's) request for more city and state aid. Mayor Michael Bloomberg and Govenor David Paterson agree that the city and state already provides the MTA with an ample amount of aid; if this request is filled, it will further City Hall and Albany's fiscal difficulties. This report delineates the different funding streams that affect the MTA and provides background on how their current levels of aid are determined.
Ten years ago, following the public outcry after the death of Nixzmary Brown, the Administration for Children's Services undertook an effort to increase staffing and lower caseloads among the caseworkers responsible for investigating reports of child abuse and neglect. In this report IBO examines staffing, caseloads, length of time on the job, funding and spending, and other aspects of this effort in the years since its implementation.
EXECUTIVE BUDGET FOCUS: Mayor Adams has made investing in public safety a top priority of his early administration. IBO examines what programs under this umbrella have received increases in funding in the Mayor’s first two budget proposals, as well as other programs that have not.
This New York City Independent Budget Office report examines the allocation of funds to schools through Fair Student Funding. Included in this document is the purpose of the program, its implementation in schools, data relevant to its implementation, and projections for future improvement.
With the rising number of homeless families and individuals in the city’s shelter system there has been a related rise in the costs of running the shelters.
Federal Title I-A funds provide assistance to schools and local educational agencies (in New York City, the Department of Education) that serve a large number or share of students from low-income families.
Following cutbacks in traditional federal aid for repairing or replacing public housing, the U.S. Department of Housing and Urban Development created new programs that rely on leveraging private dollars to help address the needs of deteriorating housing developments nationwide.
In 2016 the Mayor revamped how the city cleans and maintains the city’s schools—promising better services and potential savings. Has the city achieved savings?
Over the past two decades, the state has been moving recipients into managed care plans
with the goals of providing better health care and reducing costs.
While most New York City employees cannot receive pensions until they turn 62, police officers and firefighters can retire at any age after they have met their required number of years of service. Since 2010, how many of them began receiving pensions before turning 50?
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.
NYC provides financial support to the Health and Hospitals Corporation. Changes in state Medicaid policy allowed the ctiy to provide more Medicaid payments to the hospital agency. IBO provides information about the Corporation.
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?
Annual fair and effective affirmative employment plan to provide equal employment opportunity for minority group members and women who are employed by, or who seek employment with, the agency
A report on the agency's efforts during the previous quarter to implement the plan adopted pursuant to paragraph nineteen (annual plan) of Section 815(a),including details of agency's efforts to implement equal employment practices, including statistical information regarding total employment, including provisional, seasonal, per-diem and part-time employees, new hiring and promotions in a manner which facilitates understanding of an agency's efforts to provide fair and effective equal opportunity employment for minority group members, women and members of other groups who are employed by, or who seek employment with, city agencies
A report on the agency's efforts during the previous quarter to implement the plan adopted pursuant to paragraph nineteen (annual plan) of Section 815(a),including details of agency's efforts to implement equal employment practices, including statistical information regarding total employment, including provisional, seasonal, per-diem and part-time employees, new hiring and promotions in a manner which facilitates understanding of an agency's efforts to provide fair and effective equal opportunity employment for minority group members, women and members of other groups who are employed by, or who seek employment with, city agencies
A report on the agency's efforts during the previous quarter to implement the plan adopted pursuant to paragraph nineteen (annual plan) of Section 815(a),including details of agency's efforts to implement equal employment practices, including statistical information regarding total employment, including provisional, seasonal, per-diem and part-time employees, new hiring and promotions in a manner which facilitates understanding of an agency's efforts to provide fair and effective equal opportunity employment for minority group members, women and members of other groups who are employed by, or who seek employment with, city agencies
A report on the agency's efforts during the previous quarter to implement the plan adopted pursuant to paragraph 19 (annual plan) of Section 815(a), including details of agency's efforts to implement equal employment practices, including statistical information regarding total employment, including provisional, seasonal, per-diem and part-time employees, new hiring and promotions in a manner which facilitates understanding of an agency's efforts to provide fair and effective equal opportunity employment for minority group members, women and members of other groups who are employed by, or who seek employment with, city agencies.
A report on the agency's efforts during the previous quarter to implement the plan adopted pursuant to paragraph 19 (annual plan) of Section 815(a), including details of agency's efforts to implement equal employment practices, including statistical information regarding total employment, including provisional, seasonal, per-diem and part-time employees, new hiring and promotions in a manner which facilitates understanding of an agency's efforts to provide fair and effective equal opportunity employment for minority group members, women and members of other groups who are employed by, or who seek employment with, city agencies.
A report on the agency's efforts during the previous quarter to implement the plan adopted pursuant to paragraph 19 (annual plan) of Section 815(a), including details of agency's efforts to implement equal employment practices, including statistical information regarding total employment, including provisional, seasonal, per-diem and part-time employees, new hiring and promotions in a manner which facilitates understanding of an agency's efforts to provide fair and effective equal opportunity employment for minority group members, women and members of other groups who are employed by, or who seek employment with, city agencies.