Over the past 10 years, New York City’s overtime spending has increased from $928 million in 2006 to $1.659 billion in 2015, an increase of $731 million, or close to 80 percent (about 40 percent after accounting for inflation).
Over the past five years, total federal aid to New York City has declined from $7.9 billion in 2011 to just under $7.0 billion in 2015, a decrease of roughly $933 million, or nearly 12 percent. The change was mainly due to the drop in American Recovery and Reinvestment Act federal stimulus dollars.
The Hotel Room Occupancy Tax (HTX) must be paid on the occupancy, or the right of occupancy, of a room or rooms in a hotel. A “hotel” is a building or part of it that is regularly used for the lodging of guests, and includes an apartment hotel, a motel, boardinghouse, bed-and-breakfast, bungalow
In September 2012, New York City launched a set of juvenile justice initiatives that included the expansion of alternative-to-placement programs for youth ages 7-15 found by Family Court to be juvenile delinquents.
The ways New Yorkers use their local public libraries has changed. Branch libraries in all three systems have become broader community resources rather than repositories of books and information.
Using an annual sample of 770,000 personal income tax returns, IBO explored the distribution of income among New York City residents during the years 2006 through 2014.
With the rising number of homeless families and individuals in the city’s shelter system there has been a related rise in the costs of running the shelters.
This report presents statistical information for tax year 2014 for the three New York City business income taxes: the Banking Corporation Tax (BCT), the General Corporation Tax (GCT), and the Unincorporated Business Tax (UBT)