🔍 The @MTA.info plans to sell $991 million in transportation revenue green bonds this week to help finance environmental projects. (Via Crain's NY: buff.ly/NumM3AX) Curious about how the MTA is funded? Check out our report breaking down the 2025-2029 MTA Capital Plan: bit.ly/40Vdjq6

🚆 MTA officials announced on September 12th that the Staten Island Railway (SIR) fleet has fully implemented new R211 subway cars, replacing old cars dating back to 1973. (via amNY)

Today we kick off our report series 𝐅𝐞𝐝𝐞𝐫𝐚𝐥 𝐂𝐡𝐚𝐧𝐠𝐞𝐬, 𝐋𝐨𝐜𝐚𝐥 𝐈𝐦𝐩𝐚𝐜𝐭𝐬, where we examine NYC budget and policy areas that are at risk from federal funding and policy changes. This week we look at @NYCHealthSystem Read: buff.ly/J7hjmBL

Via @Gothamist.com: Independent analysis suggests that the federal government's plan to build a new pipeline in New York will cost at least $1.25 billion — 17 percent more than the official estimate. 💵 Read the article: buff.ly/0sozGmp%E2%8...

🚌 Yesterday, cameras were added to four MTA bus routes in Queens and the Bronx, making the total number of routes with cameras 43. "With the expansion, more than 1,200 buses across all five boroughs will now be equipped with the technology." via @Gothamist.com

Yesterday, our Lead Education Policy and Budget Analyst delivered a presentation at Columbia University on ongoing research. We love sharing our research with the public and peers, so email us at [email protected] to ask about a presentation!

"As #evictions climb to pre-pandemic levels, most New Yorkers facing eviction may not be getting the legal representation they are entitled to, according to ... IBO." @CityLimitsNews Thank you for amplifying. Full analysis at ibo.nyc.gov buff.ly/SmwECsv

🗽🍎 NYC made history in 2017 when it became the first municipality in the country to pass a Right-to-Counsel law (RTC). Today, IBO’s analysis shows that universal access to legal representation for low-income tenants remains unrealized. Read more: buff.ly/jKodDv7

Budget transparency is lowkey goated. 🙏 Follow IBO on socials to learn more about NYC budget and policy! #NYCBudget #NYCPolicy #NewYorkCity #finance

"It’s the first day of school for New York City's approximately 900,000 public school students. That means New York’s smartphone ban is officially live. " @Gothamist buff.ly/hOLm9rC

🍎 Are you sat? Today, IBO explains Fair Student Funding (School Allocation Memorandum #1), which makes up the largest share of most NYC schools' budgets. ➕ Two new funding weights were added in 2023-24, and IBO reviews how these changes affected school budgets.

"A former Queens COVID testing site is now home to a $178.85 million state-of-the-art school campus slated to welcome students on Thursday." @Chalkbeat

Thinking about going back to school? @TheCityNY

"The rate at which New York State has been adding millionaires to its population in recent years has fallen below that of other large states, potentially costing the state billions in unrealized tax revenue, according to a new report ..." @nytimes.com

"Federal health care cuts threaten to widen New York State’s three-year $34 billion deficit by another $10 billion over the next two fiscal years, according to state Comptroller Thomas DiNapoli." @crainsnewyork.bsky.social

"Of 252 discarded cigarette packs found on the streets across the five boroughs, just 17% had the proper New York City tax stamp — down from 39.3% in 2011 and 23.7% in 2015 ... [most] were brought in from states with much lower taxes on the product." @gothamist.com

Summer's almost over, but our love for budget transparency is forever. 💛 Check out our July & August reports: buff.ly/vjTIOlF #NYCBudget #NYCPolicy #Taxes #Government

"New York’s nursing home staffing levels lagged behind most other states during the first quarter of this year as the industry continues to face a shortage of clinicians, a new analysis of federal data shows." @crainsnewyork.bsky.social

"Residents of Borough Park have a life expectancy of 91.9 years, while residents of Brownsville have a life expectancy of 70.5 ... [one] of the stark intraborough differences [in a] new report issued by Brooklyn Borough President Antonio Reynoso." @gothamist.com

“[T]he Trump administration announced Wednesday — just five months after it took over the project to rebuild the station from the MTA — that it would have shovels in the ground by the end of 2027…” @nydailynews.com

"A street safety advocacy group ... joined a growing chorus of New Yorkers calling for regulators to revoke approval for a pilot program that allows ... Waymo, a taxi app company ... to operate eight autonomous vehicles in the city." @gothamist.com buff.ly/TswrAZD

"Last year, Mayor Adams conducted a major push to announce new rules clarifying that vending on pedestrian walkways on the Brooklyn Bridge, and all @nycdot.bsky.social bridges, is prohibited. ... Just over a year [later], the vendors are back."

"In a typical year, @nycschools.bsky.social faces the daunting challenge of hiring between 4,000 and 5,000 new educators to replace the ones who left. This year, officials aim to hire 3,700 on top of that to satisfy the state’s class size reduction law." @chalkbeat.org

Thank you to everyone who so enthusiastically participated! QUESTION: What surprised you most about how NYC's budget is distributed? Drop your thoughts and feelings in the comments. NOTE: The categories of City agencies were created by IBO for the purpose of this exercise

"The NYPD is transferring oversight of its 3,600 school safety agents from the Community Affairs Bureau to the office of Chief of Department John Chell" @THECITYNY

IBO's new report breaks down everything you need to know about PILOTs: how they work, where they're used, why they're used, and more. Read it here: buff.ly/gcUl2fV 🌟 #NYCBudget #NYCFinance #Taxes

"Over the past decade, the population of New Yorkers at least 65 years old has grown by a third, reaching an all-time high, according to recent research from the @nycfuture... Accessing healthy, affordable food is often a challenge." @Chalkbeat

It's your last weekend to catch team IBO at Summer Streets! Tomorrow (Saturday), we'll be in the 📍 Bronx at the Mosholu rest stop and in 📍 Brooklyn at the Classon Ave rest stop, 7:00AM to 3:00PM. 🧠 Test your City budget knowledge 🤔 Ask us all your burning budget questions ✏️ Kids coloring activities

Published today at the request of @vocalnewyork. Get a snapshot of resources available for select programs offered through the @NYCDHS and the @NYCGothamHealth This report does not assess the effectiveness of these resources Read the full report here: buff.ly/mwguuKD

Come find us this weekend! Team IBO will be at Summer Streets to answer your budget and policy questions, and delight you with our budget trivia games. See you there?

❓ QUESTION: What do these buildings have in common? 🫶 HINT: It’s the subject of one of IBOs latest report. . . ✅ ANSWER: It’s PILOTs or Payment in Lieu of Taxes! Read our latest report to understand the landscape of PILOT agreements in #NYC here: buff.ly/gcUl2fV

"Meanwhile, the assessed value of office buildings and condos dropped $29 billion between 2021-25... That decline translated into an estimated tax shortfall of $1.16 billion, #IBO data shows. Over 90 percent of this drop came from office buildings..." @washingtonpost buff.ly/E42ZgDG

#OnThisDay in 2009: 🎥 IBO broke down the City's tax credit program for eligible film & TV productions. The blog post also covered a similar film & TV tax credit program from New York State, which is still in existence today. Read it here! bit.ly/4fI2E8V

“This lawsuit seeks to prevent the state from rewriting the rules midstream, stripping licensees of their rights and investments and derailing New York’s promise of an equitable cannabis industry,” according to the suit. @nytimes

"Several city councilmembers are urging Mayor Eric Adams' administration to finally implement a nearly 2-year-old law requiring the city’s housing agency to inspect vacant apartments after neighbors complain of rats, leaks, open windows and other hazards." @Gothamist

It's still summer, and we're still on these STREETS! Catch us tomorrow, Saturday August 26th between 7AM and 3PM, at Summer Streets Manhattan! Happening all along Park Avenue, you can find us between 52nd and 53rd street next to the wonderful Bryant Park Jugglers.

Is there a budget term or concept you find hard to fully understand? Let us know and we'll make you an explanatory video about it as a part of our new series "Budget Bite". Coming soon😘

"Officials billed it as the first master plan for the city’s greenway network in more than 30 years. It includes 40 new miles of paths that could be built in the short term, with construction beginning as soon as 2028." @Gothamist buff.ly/5LkKAqQ

"The NYPD spent around $955 million in 2024 on overtime, according to the Independent Budget Office. And overtime costs have been rising steadily for years – in 2019 the overtime budget hovered around $600 million.: nypost.com/2025/08/11/u...

Seeking out IBO can be a spiritual experience (no audio editing was used in the making of this video). We'll be back in Manhattan this weekend, Saturday August 16th next to our favorite #jugglers for @nyc_dot #SummerStreets!

Ask us your burning budget and policy questions! Come find team IBO at tomorrow's #SummerStreets Midtown Rest Stop to ask us anything. We'll be on 📍 Park Ave b/w 52nd St & 53rd St ⏰ 7AM - 3PM, Saturday August 9th.

Ask us your burning budget and policy questions! Come find team IBO at tomorrow's @nyc-dot.bsky.social #SummerStreets Midtown Rest Stop to ask us anything. We'll be on 📍 Park Ave b/w 52nd St & 53rd St ⏰ 7AM - 3PM, Saturday August 9th.

TLDR for our recent #ICAP evaluation: ICAP is one of the top five most expensive tax expenditures in the City. While ICAP helps bring about new development more efficiently than direct City spending, it still comes at a notable cost to public tax revenues.

The Industrial and Commercial Abatement Program (ICAP) is an #NYC tax-incentive program designed to encourage commercial and industrial development. Does it work? IBOs evaluation suggests the cost to public tax revenues might not be worth it. Read more: buff.ly/PBtymzU

In 2023 "a federal judge...ordered city officials to make dozens of reforms to more swiftly provide special education services to families who won legal disputes... Yet almost as soon as the order was handed down, the city began to miss deadlines." buff.ly/LTG0wbc

Today #NYCIBO published a statement on the #DataIntegrity of the Bureau of Labor Statistics. Read the full statement: buff.ly/WqdXRTo

Want to learn how to track NYC budget numbers for specific programs? Not sure what documents to look at? Watch our recent "Budget Deep Dive" webinar on YouTube now! Learn from our Assistant Director of Budget Review as he walks you through select documents.

Thanks to everyone who stopped by this past Saturday! We loved meeting you and chatting budget and policy 💫 We're back again this weekend, so bring the friends, the fam, the kids for another unmissable #SummerStreets session.

IBO received 160+ mentions in the press last month. Take a look at some of the highlights 💡 #NYCBudget #NYCPolicy

☀️ 🍎 Come visit our IBO booth at Summer Streets these next few weekends to play our city budget games, chat with some of our analysts, and get answers to your burning questions on how NYC gets and spends its money!