The IBO released an analysis of City payments to nonprofit cultural organizations that may be the first such accounting of municipal investment in the cultural sector. The report details $727 million in payments made from the Expense Budget in Fiscal Year 2022.
High expectations: if it can overcome initial growing pains, the NYC legal cannabis market could bring in $1.2 billion in taxable tales and $47 million in annual revenue for the city
Want to take a deeper dive into average daily spending by specific agencies? IBO has you covered. Download IBO’s new NYC Spending in a Day tool to select specific NYC agencies and types of expenditures to come up with your own cost to run NYC for a day.
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.
To find out how many rent stabilized apartments are vacant, NYCIBO released its study of NYSHCR data from 2017-2022. On average, less than five percent of rent stabilized apartments were vacant, and of those, the majority were rented within a year.
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.