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Your go-to source for nonpartisan, data-driven insights on NYC’s budget, economy, and policy. We break down spending, tax revenues, housing, education, and more. https://www.ibo.nyc.gov
IBO has published a new explainer on how the City sets its #PropertyTax rates.
In the recently published #PrelimBudget NYC Mayor Mamdani assumes a 9.5% increase in the citywide average property tax rate. How does this work?
Read the explainer here: on.nyc.gov/3NvTrXN
Daylight savings? What about our daylight revenues and expenditures?
Waiting for IBO's analysis of the Mayor's Preliminary Budget? It's coming very soon - follow us to get notified when it drops 👀
In the meantime, catch up with our analysis of the previous Mayor's November 2025 Financial Plan: on.nyc.gov/3N58ruZ
How might federal changes to vaccine policies impact New York City? 🧑⚕️ Read the full report to learn more: buff.ly/w2PfvlG #PublicHealth #NYCHealth
Yesterday, Cassandra Stuart, joined by Ed Dolan, testified before the New York City Council Committee on Mental Health and Substance Use regarding the Behavioral Health Emergency Assistance and Response Division (B-HEARD). Read the full testimony: buff.ly/5Hi5QNN #MentalHealth #PublicSafety
Today Cassandra Stuart will testify before the New York City Council Committee on Health regarding access to childhood vaccines in New York City! Read the testimony: on.nyc.gov/4r8zSm5 #PublicHealth
Wondering how income is distributed across New Yorkers? 🤔 We recently published our annual update to our personal income tax tables! Check out the highlights: on.nyc.gov/4rd7r7x
How could federal changes to vaccine policies affect New York City? 💉 In our latest report, we analyze the impacts of recent federal changes to vaccination schedules.
Read the report: buff.ly/w2PfvlG
In case you missed it over the weekend: SNAP work requirements took effect yesterday. NYC's Human Resources Administration (HRA) estimates that the changes to requirements will impact at least 123,000 New Yorkers.
IBO x Community Board Office Hours are THIS WEEK! Be sure to sign up ASAP! 🙌 Details on our website: www.ibo.nyc.gov/content/2026...
This morning, IBO testified before the #NYCCouncil Committee on Civil and Human Rights regarding Budgeting for Equity.
In this testimony, Logan Clark addresses some of the central data challenges to tracking and measuring #BudgetEquity.
Read the text: buff.ly/5nGux0r
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Daily affirmations with IBO 🦋 follow us on socials to *manifest* more information on #NYC budget and policy!
Did you know today is World Bartender Day? 🍻 IBO evaluated the potential impacts of expanding and increasing New York City alcohol taxes in 2024. Take a look: buff.ly/YrbnFCp
Yesterday, IBO analyst Amanda Raikes-Williams testified before the #NYCCouncil Committee on Aging.
Her testimony discusses:
💡 Older adult population trends in NYC
💡 How funding for older adult services has shifted in recent years
Check it out: buff.ly/WxQBbuF
Ever wondered how income is distributed across New York City residents? 🧐
IBO just published our annual update to our Personal Income Tax tables and an accompanying piece highlighting some of our findings. Check it out! buff.ly/pEWVFnI
#OnThisDay in 2003, IBO evaluated the City's housing preservation strategy and broke down spending. Read all about it! buff.ly/8MUnyZz
Today IBO budget & policy analyst Amanda Raikes-Williams will testify before the #CityCouncil Committee on Aging and Subcommittee on Senior Centers and Food Security! 🔍️ Amanda will discuss the budget structure of #NYCDFTA.
Watch the hearing live starting at 1 PM: buff.ly/Q8DFyy2
Curious how federal changes could lead to local impacts for New York City? IBO has a series of reports explaining the effects on areas such as healthcare, housing, education, and much more. Check it out:
❄️ Winter isn't over yet - stay safe, New York! The City keeps a list of warming centers for anyone in need:
New York City's Personal Income Tax (PIT) is its second largest source of tax revenue. Using tax return data from the most recently available year (2023), IBO examines New Yorkers' income and tax liability.
Go check out the update on our website! buff.ly/r0grUsY
As budget negotiations begin in Albany, IBO breaks down the current proposals and estimates their fiscal impacts on New York City.
IBO has published a new report examining how proposed changes to New York State’s Foundation Aid formula could affect NYC schools.
Foundation Aid is the largest source of State funding for school districts, and provided roughly $10.8 billion to the City's Department of Education in Fiscal Year 2027
📆 The Mayor's Preliminary Budget is due Feb 17 - one week from today. Follow IBO on socials to stay on top of the budget cycle!
IBO recently published a snapshot of public restroom access in New York City! Don't *waste* time - go read it now: on.nyc.gov/4swQvd3 🚽
No offense to all the groundhogs out there... but our forecasts are better! 😄 Check out IBO’s November Economic and Tax Revenue Outlook: on.nyc.gov/4qd8RxR
Last Friday, IBO Analyst Emma Gossett provided testimony to the City Council's Education Committee on challenges facing #NYCPS and providers in delivering Early Childhood Care services.
Read the full testimony here: www.ibo.nyc.gov/content/publ...
Shout out to our economists for excellent forecasting, but this level of job growth is very low by modern standards, and presents concerns for the city's economic resilience. #economic #forecasting #employment #nyc
According to the latest December employment data from the New York State Department of Labor, in 2025 there were 40,100 net new jobs added in New York City (measured on a Q4-to-Q4 basis), just 800 off from IBO's projection of 40,900 jobs in our November plan.