Clik here to view.
Quinn: City Revenues Falling
(pigrocks)With the city's economic outlook getting worse, City Council Speaker Christine Quinn says the city needs an even tighter budget than the one Mayor Bloomberg proposed in January. Quinn...
View ArticleIBO Paints a Slightly Rosier Picture for City Budget
The nonpartisan Independent Budget Office is predicting slightly better news for the city than Mayor Michael Bloomberg laid out in his revised spending plan earlier this month.In a new analysis, the...
View ArticleNYC living wage battle well-worn subject matter
It turns out the current battle over a living wage bill that would raise the pay of workers in a select number of city-sponsored work environments is old hat. According to Doug Turetsky of the city's...
View ArticleIBO Puts out Alternatives for City to Save and Generate Revenue
The city's Independent Budget Office issued a report Friday that included a list of 72 ways the city can save and generate revenue.On the list are old favorites that are often discussed but never...
View ArticleChanging Food Truck Permitting Process Could Raise Millions
If New York City used a bidding system to issue food truck permits — much like it does for taxi medallions or park concessions — the city could add $37 million to its coffers.A report by the...
View ArticleTax Reform Options Spread Pain Differently for New Yorkers
As a compromise remains out of reach for President Obama and John Boehner on how to revamp spending and tax policies in 2013, a new analysis looks at five different scenarios for tax reform and how...
View ArticleNYC Could End Fiscal Year with Small Surplus
After years of shrinking tax revenues and yawning budget gaps, New York City's finances have improved significantly, according to a report from the city's Independent Budget Office.“For the current...
View ArticleClik here to view.
Albany Under Pressure to Renew Condo & Co-Op Tax Break
The legislature in Albany is back in session, and among the top items on the agenda: whether or how to renew the tax abatement on 364,000 co-ops and condominiums in New York City.This tax break expired...
View ArticleMajor Threat Looms for City's Fiscal Health: IBO
The city’s independent budget analysts warned on Wednesday that the fiscal health of the city faces a serious threat: all the city's municipal labor unions are working with expired contracts.The...
View ArticleNew York City Schools, In Almanac Form
It stands to reason that students with high attendance rates have a better chance of succeeding at school.With data from the city's Independent Budget Office, the value of attendance can be measured...
View ArticleBudget Analysis: Charter Spending Squeezing Education Budget
New York City's Education Department will spend $51 million to open more than two dozen new charter schools next year, according to a report released on Thursday by the Independent Budget Office.The...
View ArticleSchool Budget Picture Evolving
What will the budget for city schools look like next year? A new report by the Independent Budget Office on Thursday said the schools may have to take a hit to make up for an estimated $203 million in...
View ArticleIndependent Report Gives Mixed Scores to City Schools' Letter Grades
2:54 p.m. | Updated The A to F letter grade system that New York City's Education Department uses to rate each of its schools is an improvement over simply measuring schools based on standardized test...
View ArticleIBO: Phase-Out Schools Enroll More Struggling Students
With the city planning to phase out 26 more public schools this year because of low performance, a new report found the high schools on the list served a higher than average share of students with...
View ArticleBudget Group Releases Extensive Schools Data
The New York City's Independent Budget Office released its second annual statistical portrait of the city school system on Thursday. The comprehensive report looked at student demographics, resources...
View ArticleIBO Paints a Slightly Rosier Picture for City Budget
The nonpartisan Independent Budget Office is predicting slightly better news for the city than Mayor Michael Bloomberg laid out in his revised spending plan earlier this month.In a new analysis, the...
View ArticleIBO Puts out Alternatives for City to Save and Generate Revenue
The city's Independent Budget Office issued a report Friday that included a list of 72 ways the city can save and generate revenue.On the list are old favorites that are often discussed but never...
View ArticleNYC Could End Fiscal Year with Small Surplus
After years of shrinking tax revenues and yawning budget gaps, New York City's finances have improved significantly, according to a report from the city's Independent Budget Office.“For the current...
View ArticleClik here to view.
Albany Under Pressure to Renew Condo & Co-Op Tax Break
The legislature in Albany is back in session, and among the top items on the agenda: whether or how to renew the tax abatement on 364,000 co-ops and condominiums in New York City.This tax break expired...
View ArticleMajor Threat Looms for City's Fiscal Health: IBO
The city’s independent budget analysts warned on Wednesday that the fiscal health of the city faces a serious threat: all the city's municipal labor unions are working with expired contracts.The...
View Article
