The tumbling stock market has inevitably taken a toll on the value of the city’s pension funds. That means the city may have to increase its contributions to the funds by tens of million—if not hundreds of millions--of dollars in the coming years. We look at a few scenarios.
NYC BY THE NUMBERS: Subway ridership is way down. Which stations have seen the biggest declines in passenger entrances and what might plummeting ridership mean in terms of lost revenue for NYC Transit?
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.
PUBLIC SCHOOL INDICATORS: We’ve updated two sections of this resource--the section on school funding and spending and the one on crowding in school buildings.
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.
REPORT: Washington has enacted four relief bills related to Covid-19. How much of this funding will flow to the city budget and how much to other key local agencies such as the housing authority and public hospitals.
NYC BY THE NUMBERS: Since the de Blasio Administration began discharging people from the city’s jails to lessen the risk of Covid-19 contagion, the jail population has dropped by nearly 30 percent. Were some groups of people in custody more likely to be released than others? See the comparisons
NYC BY THE NUMBERS: Last November voters approved a change to the City Charter that increased staffing at the Civilian Complaint Review Board. Is staffing expected to reach the approved level under the Mayor’s Executive Budget?
FOCUS ON THE EXECUTIVE BUDGET: The Mayor’s savings plan for next year includes nearly $475 million in cuts to the education department—68 percent of the reductions target funding for general education classrooms.
NYC BY THE NUMBERS: The Mayor budget includes the cancelation of this summer’s Summer Youth Employment Program. How much will that mean in lost income for the youth and their families?
FOCUS ON THE EXECUTIVE BUDGET: Summer programs canceled, pools closed. A pandemic and budget shortfalls may lead to a summer of discontent—but substantial savings for the city.
We’ve updated our charts on education department spending. The update now chart spending per student, enrollment, sources of funding, and other details from 1990 through 2020
NYC BY THE NUMBERS: There are just a few weeks left in FY 2021 and the police department is on pace to spend less on overtime than it has in recent years. But how much less and what are the prospects for reduced spending in the years ahead?
FISCAL HISTORY: We’ve updated our tables on New York City revenue, spending, and full-time staffing to include fiscal year 2020. The charts cover four decades of the city’s fiscal history.
IBO Assistant Director Sarita Subramanian's testimony at a New York City Council oversight hearing on the Department of Education’s Covid-19 academic recovery plans, as well as on a bill requiring the city reduce classroom capacity limits.
The Covid-19 pandemic caused sharper drops in employment in New York City than elsewhere in the nation – and the jobs recovery has been slower here. IBO examines how the city’s employment losses and recovery differ from the rest of the nation’s.
Under the city’s borough-based jails plan, Rikers Island will be replaced by jails in 4 of the 5 boroughs. The plan aims to create smaller & safer jails that allow people in custody to be closer to the courts where their cases are heard and their communities. IBO examines how these 2 goals overlap
IBO Assistant Director Sarita Subramanian's testimony to the New York City Council on the city’s Fiscal Year 2023 Adopted Budget’s impact on school budgets.
Using student-level data, IBO tracked how many students enrolled in the 2019-2020 school year, when Covid-19 first hit, returned in the following (2020-2021) school year.
We often get questions about NYPD overtime spending. So here's an update: In a 2-week period roughly since antiracism protests began, NYC spent $115 million on police overtime, over 4X spent in same period last year.
LETTER: The city’s public schools are set to open next week (9/21/2020) with more than the usual number of teachers and the need for many safeguards. Council Member Mark Treyger asked us what this will cost.
Through NYC's “Schoolyards to Playgrounds” program, the public can access some school playgrounds & yards during non-school hours. At the request of CM Gale Brewer, IBO examined how many school buildings are currently participating in the program & the cost to add those that aren't.
IBO’s testimony provides an update on how much the city has claimed of these funds through the end of fiscal year 2022, how much is currently budgeted for spending, and how much remains to be added to the city’s budget in upcoming financial plans.
The Independent Budget Office examined Cultural Development Fund (CDF) awards made by the Department of Cultural Affairs for fiscal years 2019 through 2023 and identified award amounts by fiscal year and borough.
An Independent Budget Office analysis says that costs of assisting asylum seekers will be between $600 million and 1.7 billion less than the Executive Budget projection for fiscal years 2023 and 2024.
At the request of Council Member Chi Ossé, the IBO estimated the annual cost of introducing fare-free local bus service in New York City under three scenarios: waive bus fares for all riders, riders who are 65 or older or who have disabilities, and New Yorkers who are low income.
IBO has compiled a descriptive overview of the financing deals and public subsidies for Madison Square Garden and the three most recently constructed major league sports stadiums within New York City: Yankee Stadium, Citi Field, and Barclays Center.
IBO calculated how much the city is owed in unpaid balances. IBO examined three primary sources of unpaid balances: parking and camera-generated violations, lienable property charges, and penalties adjudicated by the Office of Administrative Trials and Hearings that were incurred in CYs 2017-2022.
Testimony to a City Council hearing on changes to the city’s administrative code that would enable the city to implement its proposed Medicare Advantage.
IBO was asked to analyze the costs NYC will incur for services to the city's newly arrived asylum seekers. Based on early Nov. numbers, IBO estimates the city will spend at least $596 million over a year on services such as shelter, public education, & some health-related costs, among others.
Acting Director George Sweeting testifies at a Council hearing on recommendations from the Advisory Commission on Property Tax Reform. While its recs. could help eliminate some of the most glaring problems, significant disparities were largely unexamined.
As the MTA prepares to release its Nov. '22 financial plan, in a series of charts and graphs, IBO explores how ridership and user-revenues have recovered for each MTA service since March 2020 and whether the authority to is likely to meet its current 2022 fare and toll revenue goals.
In a series of charts and graphs IBO presents some key findings from the data, in particular, how in 2020—the first year of the Covid-19 pandemic—total income reported by full-year New York City residents increased compared with 2019., along with 2020 PIT tables.
This testimony (12/8/22) outlines IBO’s latest economic forecast and tax revenue projections, our current spending estimates for the city, and provides preview of our fiscal outlook for the coming year.
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.
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.
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.
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.
On 1/26/23 the New York State Senate Standing Committee on Children & Families held a hearing on childcare in the state. IBO Assistant Director Sarita Subramanian submitted testimony on the city’s early childhood programs.
IBO Assistant Director Sarita Subramanian's testimony on the city’s early childhood programs, focusing on funding for the city’s 3-K programs, as well as the pace of the city payments to contracted to 3-K and Pre-K providers.
For each of IBO’s more than 100 budget options, including the new ones and many that have been recently updated, we outline key arguments for and against the proposals along with estimates of their potential to save or raise city funds.
Testimony focused on the Metropolitan Transportation Authority’s deficit relief as proposed in the New York State 2024 State Executive Budget and on the financing of the Penn Station Revitalization Plan
In this report , IBO examines Department of Homeless Services (DHS) shelter spending from 2013 through 2022 to show how state and federal decisions, as well as shifts in homeless populations over time, have impacted the funding of the city’s shelters over the past decade.
IBO analysis of shows that the DOE requires additional city funding to continue programs funded with federal Covid aid, for Carter Cases, charter schools and more.
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.
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.
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'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 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.
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.
A quick and easy road map of city services available to all New Yorkers, including immigration legal help, healthcare, education, childcare, emergency food and shelter, public safety, protections against discrimination, and IDNYC.
1-pager warning New Yorkers about immigration fraud with examples of false promises, details on what to do or not do when dealing with immigration case.
Flyer detailing rights of immigrant workers, such as paid safe and sick leave, right to organizer, minimum wage, safe and healthy workplace, discrimination free workplace, overtime, and pay for work as independent contractor, rights with ICE, and resources for legal services and discrimination prote
The attached memo describes why the Mayors Office of Immigrant Affairs (MOIA) is not responsible for submitting a Quarterly Equal Employment Opportunity and Diversity Plan Implementation Report as per the New York City Charter Chapter 35, Section 815(i).
The attached memo describes why the Mayor's Office of Immigrant Affairs (MOIA) is not responsible for submitting a Quarterly Equal Employment Opportunity and Diversity Plan Implementation Report as per the New York City Charter Chapter 35, Section 815(i).
The attached memo describes why the Mayor's Office of Immigrant Affairs (MOIA) does not submit a Quarterly Equal Employment and Diversity Plan Implementation Report as per the New York City Charter Chapter 35, Section 815(i)
The New York City Commission on Human Rights (“The Commission”) submits this Language
Access Policy and Implementation Plan pursuant to Local Law 30 of 2017. This document is
updated as of April 2018.
This report lists all of the emergency feeding programs in NYC and all of the quantities of applications distributed reflect a quantity of “0“ reflecting HRA's focus of submitting SNAP applications electronically.
This quarterly report lists all of the emergency feeding programs in NYC and all of the quantities of applications distributed reflect a quantity of “0“ reflecting HRA's focus of submitting SNAP applications electronically.
This report includes descriptive statistics by field operations location, on: the size and demographics of the client population; levels at which financial assistance and social services are requested and granted; time frames for the provision of services; and data on case closings and re-openings.
Covering a 6-month period, this report contains the total number of referrals received by APS, the number of referred individuals who were determined ineligible during the same period, and the reasons individuals were determined ineligible, a general description of the source of the referrals.
This report includes descriptive statistics by field operations location, on: the size and demographics of the client population; levels at which financial assistance and social services are requested and granted; time frames for the provision of services; and data on case closings and re-openings.
Report on 10/14/19 hearing on regarding topics related to public burials in NYC, including but not limited to: burial assistance program; the feasibility of implementation of a cremation assistance program & public burial in new locations; and the plan for the future operation of Hart Island.
Notice of hearing: NYC Office of Civil Justice’s Programs to Provide Universal Access to Legal Services for Tenants Facing Eviction Hearing scheduled for Monday, November 23, 2020.
Notice of hearing: NYC Office of Civil Justice’s Programs to Provide Universal Access to Legal Services for Tenants Facing Eviction Hearing scheduled for Monday, November 18, 2021.
HRA's Office of Civil Justice hearing transcript for February 24, 2024 on access to legal services for covered individuals in covered proceedings in housing court. Annual NYC Council hearing held to receive recommendations and feedback. Also includes written testimony.
The Brownsville Plan, is a community-based planning process that focused on working with residents, elected officials, community based organizations and government agencies to develop short term projects for future development.
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.