The New York City Independent Budget Office (IBO) is announcing the publication of our report Exemption vs Abatement. This report provides policymakers with insights into the tax liability implications of these two different ways of structuring any new 421-a replacement program.
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."
Press release for the New York City Independent Budget Office's report "In Custody: Length of Stay and Population Demographics at NYC Jails, 2014–2023."
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.
The New York City Independent Budget Office conducted a review of the Points of Agreement (POA) negotiated by the Mayor and the local City Council member for eight neighborhoods rezoned from 2016-2021.
Interested in learning more about budget cuts to City programs like libraries? Explore our in-depth analysis of the Mayor's FY2025 PEGs and their impact on programs, services, and City functions. Check it out now.
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."
To inform New Yorkers and elected officials interested in the program, the New York City Independent Budget Office has completed an analysis examining the exemption of yellow taxis from the proposed congestion pricing Surcharge of $1.25.
To help New Yorkers and elected officials have a better understanding of the early childhood policy landscape IBO’s new report offers a detailed overview of the historical financial trends and policy shifts affecting Pre-K and 3-K programs.
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.
Per the request of Council Member Ossé, the NYC Independent Budget Office estimated the cost of expanding Fair Fares NYC to cover fare-free transit for New Yorkers who are aged 65 and older or who have disabilities, and whose income is less than 200% of the federal poverty level.
Budget Options are policy ideas that have the potential to create savings or new revenue for the City. Every year, IBO publishes an updated volume to help spark policy discussions throughout New York City.
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.
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
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!
Check out IBO’s newest analysis focusing on the fiscal impact of Street Vending. This analysis finds that lifting the caps on legal street vending would yield a positive fiscal impact, depending on how many vendors become permitted.
IBO’s study of enrollment losses during and after the COVID-19 Pandemic, offering a comprehensive analysis of traditional public schools and charter schools in New York City.
The new York City Independent Budget Office's study delves into these enrollment losses, offering: Interactive maps that visually portray enrollment declines in New York City schools by school district.
The New York City Independent Budget Office just released its City Fighting Homelessness & Eviction Prevention
Supplement (CityFHEPS) explainer! Learn more about the program's history, its challenges, and funding by reading our explainer today.
This report focuses on subsets of Program to Eliminate the Gap cuts which may substantially impact the life experiences of New Yorkers, referred to as “Human Impact PEGs”.
IBO produced a detailed explanation of its projections for future costs associated with asylum seekers, and how they differ from the projections in the 2024 November Plan.
IBO's testimony to the New York City Council Oversight hearing on immigrant students in New York City Public Schools, with a focus on English Language Learner status.
Around the country, policymakers and environmental advocates have been lobbying and pursing legislation that allows jurisdictions to address excessive stormwater through the enactment of stormwater fees. IBO examined the fiscal impact of a potential stormwater fee in New York City.
At the request of the CUNY Urban Food Policy Institute, IBO analyzed City Council Schedule C funding levels in the past six years to assess allocations for food. The analysis provides information on trends in grants to food initiatives, food-adjacent initiatives, and all food-related initiatives.
A brief Explainer on Units of Appropriation, the most granular level of detail City Council approves in the budget resolutions. IBO also highlights the inherent tension between the Mayor and City Council over them.
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.
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.
IBO has updated all education indicators including summary statistics on student enrollment, demographics, and academic performance, school-level teacher and principal characteristics, and building capacity and utilization in traditional public schools.
IBO has found the most recent budget initiative for government-funded nonprofits providing human service programs to New Yorkers will pay less than half of the cumulative raises provided to unionized City employees.
An Independent Budget Office (IBO) analysis evaluates the employment effects of the $30.3 billion in Paycheck Protection Program (PPP) loans distributed to New York City employers in 2020 and 2021.
A NYCIBO analysis of NYC Schools teacher hiring and retention showed that city schools ended the last school year (2022-2023) with 2,500 fewer K-12 teachers than four years prior.
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.