The IBO released an analysis of City payments to nonprofit cultural organizations that may be the first such accounting of municipal investment in the cultural sector. The report details $727 million in payments made from the Expense Budget in Fiscal Year 2022.
Since January 2022, at least twenty-six people have died in custody in New York City’s jails, underscoring the persistent dysfunction and violence of the jail system and accelerating calls for more oversight of jail operations.
The 2021 Infrastructure Investment and Jobs Act marks one of the largest infusions of federal funding into the nation’s infrastructure of the last century. This legislation will invest $550 billion of new federal funding in transportation, clean energy, water quality, and broadband Infrastructure
IBO's review of the tax break, under Local Law 18 of 2017, was released as NYC Council is about to consider MSG’s DCP application to renew its zoning special permit. It also coincides with a reignited debate on the future of the beleaguered & over-capacity Penn Station that lies below MSG.
A new IBO analysis shows that the last time spending for the Parks Department was close to one percent of the City budget—a baseline sought by advocates—was 1977. In recent years, Parks spending is less than 0.6 percent of the total budget.
Project description required to be submitted to the speaker where the project receives financial assistance but the project is not required to be submitted for consideration to a Community Board, Borough Board or the City Council
The City of New York can ensure that NYC remains a place that people want to build families, start businesses, and create new ideas by investing in high quality public education from pre-K to university, universal child care, robust public transit, and affordable housing
With thousands of asylum seekers arriving in New York City, an IBO report tracks the distribution of $26.7 million in Project Open Arms education funds and looks at NYC Schools language acquisition programs for children.
As part of the Adams Administration's commitment to long-term strategic planning that improves quality of life and creates an equitable, healthy, and resilient future, the NYC Department of Sanitation has spent the past six months studying the viability of waste containerization in NYC.
In this brief, IBO estimates the total cost of the city’s labor contracts under two scenarios that explore differences in contract terms and the timing of their ratification, as well as the impact of changes in the size of the city’s labor force.