From an analysis conducted on Mayor Bloomberg's Executive Budget for 2014 and Financial Plan through 2017 for the City, it is projected that the city will end each fiscal year with a surplus. However, the city still faces fiscal issues, with federal funds being cutback and new contracts for employees being developed, which may have a negative impact on the city's expenses.
This New York City Independent Budget Office (IBO) report shows the New York City public school indicators on demographics, resources, and outcomes. This document includes a background on public schools and data on these schools related to diversity and performance.
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.
This New York City Independent Budget Office (IBO) report shows the initiatives taken New York City to improve its response to medical emergencies. Analyzed in this report are data and information regarding the costs of having a stronger initiative as well as the improvements made over the time period 1999 to 2011.
This updated guide to the New York City Capital Budget by the Independent Budget Office addresses the intricacies and the operations that go behind managing the budget. The document defines the capital budget, its components, and the various resources that contribute to it.
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.
This report summarizes the fare and toll increases implemented by the Metropolitan Transportation Authority (MTA) to accommodate the fiscal health of the city from 1996 to 2013. Given the financial pressures the MTA continues to face, fare increases are likely to continue.
This Independent Budget Office (IBO) fiscal brief addresses the decreased revenue from City athletic facilities after a fee increase was implemented for their use. Included are data and analyses of the spending trends following the fee increase in various City athletic facilities.
Over the past several months the Department of City Planning has outlined its proposed East Midtown rezoning intiative in a series of public reports and presentations.
Medicaid trends from 2008 through 2012:
+28.6% increase in the average number of service units per child +7.6% increase in the average cost per service unit
This presentation answers questions regarding the resources available to high schools, addressing concerns about the availability of course offerings beyond the minimum standard for graduation, the availability of specialized rooms for certain courses and the availability of nonclassroom support services. This was produced at the request of the Ailliance for Quality Education.
This report details New York State's growth in Medicaid enrollment and spending throughout the 2000 to 2012 period. It analyzes New York City's involvement in this growth and the overall factors behind Medicaid growth in the state.
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.
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.