Pursuant to Local Law 143 of 2016, a report incorporating the March 2018 recommendations of the Interagency Foster Care Task Force in its initial report, to improve services and outcomes for youth in and aging out of foster care.
In 2016 the Mayor revamped how the city cleans and maintains the city’s schools—promising better services and potential savings. Has the city achieved savings?
The city is in the process of spending $8.7b to close Rikers Island & replace it and other jails with new borough-based facilities. But the new jails are not expected be ready until 2026. In the interim, the city needs to spend millions of dollars on major repairs of the jails destined for closure.
IBO introduces a new publication--a set of charts and graphs that highlight key findings from our latest economic forecast and tax collection and spending estimates, based on the Mayor’s preliminary budget for 2021 and financial plan.
Local Law No. 40 of 2018, includes information regarding the urban renewal law, an explanatory urban renewal research guide, links to resources for conducting such research, and links featuring urban renewal plans/areas.
REPORT: The Covid-19 pandemic has played havoc with the city’s economy. We make some initial estimates of the resulting job losses and tax revenue declines compared with our estimates from just a couple of months ago.
As local tax revenue and aid from Albany decline due to the economic fallout from the coronavirus pandemic, Mayor de Blasio has proposed using a substantial share of reserve funds to help balance the city’s budget. We look at the city’s different reserve funds and the Mayor’s plan for using them.
TESTIMONY: IBO Director Ronnie Lowenstein presents the New York City Council with an overview of IBO’s latest economic forecast and our estimates of revenue and spending under the Mayor’s Executive Budget.