PRELIMINARY BUDGET FOCUS: Even with the Metropolitan Transportation Authority on track to receive $6.5 billion in additional federal aid, there is still potential trouble ahead—for the authority and the city.
PRELIMINARY BUDGET FOCUS: A new brief focusing on our latest estimates for tax revenues based on our recent economic forecast and the Mayor’s Preliminary Budget and financial plan through 2025.
PRELIMINARY BUDGET FOCUS: A more detailed presentation of our most recent economic forecast for the city reveals a slow path towards recovery, with some sectors of the economy continuing to trail through 2025.
FOCUS ON THE PRELIMINARY BUDGET: Over the past year, shifts in the composition of the city’s homeless population, increased spending on rental assistance, and pandemic-related aid from the Federal Emergency Management Agency have altered the city’s costs for providing shelter for the homeless.
TESTIMONY: IBO’s Elizabeth Brown presented testimony to the NYC City Council on key findings from her evaluation of the IDA’s Industrial Program. See the PowerPoint slides
PRELIMINARY BUDGET FOCUS: Just hours before the Mayor released the 2022 Preliminary Budget he learned that the Federal Emergency Management Agency was increasing its reimbursement rate to the city for Covid-related costs. How much more can the city expect and what does this mean for city spending?
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.
PRELIMINARY BUDGET REPORT: In this new report we present our latest economic forecast and analysis of the Mayor’s 2022 Preliminary Budget and Financial Plan through 2025. In the form of a chart book the report presents our key findings on the local economy and projections of tax revenues & spending.
NYC BY THE NUMBERS: The pandemic led to staggering job losses in the city. How much were efforts to find jobs for the city’s public-assistance recipients affected?