NYC Independent Budget Office
@nycibo
Followers
3K
Following
181
Statuses
3K
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
New York City
Joined September 2009
Thanks for the shoutout @bfurnas! For more info on the challenges in funding & staffing #NYCDOT, read our report here: You can also read our explainer for a quick summary:
Money on a budget line (or in a press release) is of no use if @NYC_DOT can’t then hire people needed to do the work to transform our streets. @nycibo: “Staffing may be a contributing problem to DOT’s slow progress…”
0
1
0
Thanks for citing our report @dahvnyc! Read our explainer on the NYC Streets Plan: �
🧵 A new report from @nycibo shows how little progress NYC has made towards improving its buses under Eric Adams & since the passage of the 2019 "streets master plan" that created an unfunded mandate for 150 miles of new bus lanes by the end of 2026. Bus speeds are flat:
0
1
1
Did you know? 💡 In 1997, #IBO launched 🧾 Tax Receipt, breaking down how one's federal, state, and #NYC income tax dollars were spent. @SenSchumer called it "a simple but ingenious concept that provides New Yorkers a valuable service." See it here: #taxes
0
0
3
Without more support, strategic investment, and proper staffing, the city’s ability to improve #NYCBus speeds remains limited. 📌What's being done and what progress has been made? Read our latest report: @NYC_DOT #MTA #NYCTransit #urbanplanning
0
0
1
NYC’s prelim budget did not renew funding for key early childhood programs, including $112M for 3-K. 👶 "Early childhood education serves as the foundation for their development and future success" - @JustinBrannan @CMRitaJoseph @Chalkbeat
2
5
6
Mass deportations could reshape NYC’s economy. @NYFiscalPolicy, key industries rely on #UndocumentedWorkers: 👷 Construction: 48K workers (25% of workforce) 🍴 Food service: 42K+ chefs, cooks & servers 👶 Childcare: 7K caregivers Full report here!
0
2
4
Where does the #NewYorkCityBudget come from? How can I look at an #NYC budget document and understand what's going on? We're so glad you asked🤓 Reply with any other budget related topics you'd like us to cover! #NYCRevenue #NYCTaxes #FederalSpending #StateSpending #TaxSeason
0
0
4
"Nearly three-quarters of #NY state residents support @GovKathyHochul’s plan to put 2 NYPD officers on every overnight subway train for the next six months" @Gothamist See #IBO's cost analysis of the #SubwayPolicing program here
0
2
2
@danielgolliher We do in fact have Budget 101 trainings! The next round of online sessions is in April. We also publish short explanatory videos each Tuesday. example:
0
0
1
Budget season is picking up at #IBO as negotiations over the Fiscal Year 2026 budget come into view. Are you keeping up? Do you know how the #NYCBudget works? Watch this quick overview and follow us for more budget breakdowns! #NYC #NYCSpending #NYCRevenue #NYCExpenditure
0
1
3
It’s important to note that until the state passes its final budget, New York City is expected to cover the full cost of the program.
Gov. Kathy Hochul's initiative deploying NYPD officers overnight on all NYC subway trains will cost between $61 million and $159 million, "depending on whether NYPD overtime is assigned based on seniority and rank," according to new estimates from @nycibo:
0
2
6
