FOCUS ON THE EXECUTIVE BUDGET: Before the Mayor’s recent announcement that that the city may need to lay off or furlough as many as 22,000 municipal workers, the Executive Budget included the elimination of some vacant positions and a partial hiring freeze.
This report examines New York City’s standing in the global distribution of venture capital activity from 2008 through 2017 and identifies the emergence of industry clusters fueled by venture capital in New York and around the world. Our analysis is informed by data from Crunchbase
With the parents of thousands of preschoolers needing to go to work and many K-8th grade students doing schoolwork remotely, the de Blasio Administration created the Learning Bridges and Learning Labs programs to provide care, supervision, and help with classes at hundreds of sites across the city.
This report from New York City Comptroller Scott M. Stringer seeks to provide a more
complete assessment of the impact of immigration enforcement in New York City by
analyzing data from U.S. Immigration and Customs Enforcement (ICE) and immigration
REPORT: Our new economic forecast and projections for tax revenue & spending based on the recently adopted budget for fiscal year 2021 & financial plan through 2024. The report, which includes our latest projection of job losses & gains and estimates of budget surpluses and gaps in the coming years.
The findings of the Temporary Lien Sale Taskforce, required by LL13/2015, AC 11-356, incl. (i) recommendations for administrative or legislative changes; (ii) any findings or facts that support such recommendations, (iii) evaluation of installment agreements and consideration of prospective changes.
PRELIMINARY BUDGET FOCUS: A number of changes have been proposed that would affect how the city’s annual contribution to its pension funds are calculated. We explain the changes and their implications for the city’s budget:
PRELIMINARY BUDGET FOCUS: A more detailed presentation of our most recent economic forecast for the city reveals a slow path towards recovery, with some sectors of the economy continuing to trail through 2025.
Letter advising that OLR has nothing to report re: Charter § 219(d), requiring each agency to prepare and submit periodic reports in regard to the progress of its capital projects; and Charter § 222(a) requiring a report on the proposed scope of capital projects or explanation of any delay.
While lead paint is the primary source of exposure to lead in New York City, tap water can also be a source of lead—and many privately owned small residential buildings in the city have plumbing that contains a much higher level of lead than is allowed in new construction today.
This brief, which was commissioned by the New York City Department of Consumer Affairs’ Office of Financial Empowerment, examines both sides of people's balance sheets; that is, both their savings and debt levels.