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.
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.
Are children born later in the year more likely to be identified as students with disabilities than children born in earlier months? Amy Zimmer of Chalkbeat asked and IBO explored the data.
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.
FISCAL HISTORY: We’ve updated our tables on New York City revenue, spending, and full-time staffing to include fiscal year 2020. The charts cover four decades of the city’s fiscal history.
The city is in the process of spending $8.7b to close Rikers Island & replace it and other jails with new borough-based facilities. But the new jails are not expected be ready until 2026. In the interim, the city needs to spend millions of dollars on major repairs of the jails destined for closure.