Market value growth declined in FY 2010—the first decline since 1995. The total Citywide market value of fully and partially taxable property fell to $795.7 billion, about 1.9
percent lower than FY 2009. Manhattan market value growth remained positive in FY 2010
New York City provides a variety of programs to further social and economic objectives by mean of targeted tax incentives or benefits which reduce tax liabilities, otherwise referred to as Tax Expenditures. Updated june 10 and Taxes per worker appendix
Preliminary data for fiscal year 2014 indicate the city received about $41 million in revenue from camera-generated redlight, bus-lane, and now speeding summonses, as well as $14 million in ticket revenue from traffic violations written up by police officers.
Schedule C designates funding for community based not-for-profit and other public service organizations. Expenditure of any funds is contingent upon the satisfactory completion of a detailed initial review process, and all applicable City procurement requirements at the time of contract award.
In 2002, Mayor Bloomberg urged that the Metropolitan Transportation Authority (MTA) take over the 82 express and local bus routes (most based in Queens) operated by seven private companies under franchise agreements
that included city subsidies.
Over the years 2002-2012, about 60 percent of the more than 75,000 homeless families with children entering the city’s shelter system had either a building with rent regulated apartments (43 percent) or a New York City Housing Authority development (16 percent) listed as their last address.
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.
IBO’s review of New York City’s spending on antismoking programs finds that spending levels
have varied widely in recent years—and that after trending downward the local adult smoking rate has been increasing.
The report covers prime contracts that were registered and subcontracts approved in the first quarter of FY 2019, including procurements that were solicited before LL 1 became effective and are subject to LL 129.
In 2009, the city’s Department of Cultural Affairs concluded a multiyear initiative to reform the Cultural Development Fund, the primary source of city funding for hundreds of arts and cultural organizations throughout the five boroughs.
From June 2006 through June 2013, the number of New York City residents receiving food stamps (now known as the Supplemental Nutrition Assistance Program, or SNAP) increased by 71.1 percent, from 1.1 million to 1.9 million.
The amount the city budgets each year for snow removal is set by a formula in the City Charter. The formula is the average of spending on snow removal in the five prior years—so the budget for 2014 is based on the actual amounts spent in fiscal years 2008–2012.