New York City Independent Budget Office
@nycibo.bsky.social
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
https://www.ibo.nyc.gov
📌UP NEXT in the NYC Budget Cycle (FY2026): The Preliminary Budget is due by February 17, 2026☝️This will be the first budget draft the Mamdani Administration will put forth to City Council, and is the first document that will bring the upcoming fiscal year, FY2027, into balance
January 6, 2026 at 5:41 PM
📌UP NEXT in the NYC Budget Cycle (FY2026): The Preliminary Budget is due by February 17, 2026☝️This will be the first budget draft the Mamdani Administration will put forth to City Council, and is the first document that will bring the upcoming fiscal year, FY2027, into balance
Good MORNING New YORK!
Let's get this budget balanced 🤜🤛
Let's get this budget balanced 🤜🤛
January 5, 2026 at 2:06 PM
Good MORNING New YORK!
Let's get this budget balanced 🤜🤛
Let's get this budget balanced 🤜🤛
We can't wait to spend 2026 answering your budget and policy questions! No questions too big or small. Email info@ibo.nyc.gov with your budget related questions and concerns today!
Or any day ;)
Or any day ;)
January 1, 2026 at 3:02 PM
We can't wait to spend 2026 answering your budget and policy questions! No questions too big or small. Email info@ibo.nyc.gov with your budget related questions and concerns today!
Or any day ;)
Or any day ;)
It's almost Calendar Year 2026. But did you know we're well into Fiscal Year 2026?
Now we await the publication of the Mamdani administration's first budget proposal in February.
Follow @nycibo to stay up to date with the #NYC budget process.
Now we await the publication of the Mamdani administration's first budget proposal in February.
Follow @nycibo to stay up to date with the #NYC budget process.
December 30, 2025 at 1:30 PM
It's almost Calendar Year 2026. But did you know we're well into Fiscal Year 2026?
Now we await the publication of the Mamdani administration's first budget proposal in February.
Follow @nycibo to stay up to date with the #NYC budget process.
Now we await the publication of the Mamdani administration's first budget proposal in February.
Follow @nycibo to stay up to date with the #NYC budget process.
As 2025 comes to a close, we're proud of all the work we've accomplished this (calendar😉) year! Including 60+ reports and supplemental materials published.
You might consider these our gifts to the City ❤️ We hope you have a restful holiday season.
You might consider these our gifts to the City ❤️ We hope you have a restful holiday season.
December 24, 2025 at 5:00 PM
As 2025 comes to a close, we're proud of all the work we've accomplished this (calendar😉) year! Including 60+ reports and supplemental materials published.
You might consider these our gifts to the City ❤️ We hope you have a restful holiday season.
You might consider these our gifts to the City ❤️ We hope you have a restful holiday season.
"New York Gov. Kathy Hochul signed laws requiring more cameras in state prisons and mandating that developers of new AI models adhere to safety protocols as she cleared her desk of more than 100 bills before the new year."
New rules for NY prisons, artificial intelligence as Gov. Hochul signs stack of bills into law
Hochul negotiated agreements with state lawmakers over changes that would win her signature on pending legislation.
buff.ly
December 23, 2025 at 5:00 PM
"New York Gov. Kathy Hochul signed laws requiring more cameras in state prisons and mandating that developers of new AI models adhere to safety protocols as she cleared her desk of more than 100 bills before the new year."
"Zohran Mamdani’s inauguration day plans are set.
The Mayor-elect’s team announced Sunday that it will host a block party along Broadway in Downtown Manhattan leading up to City Hall to commemorate the start of Mamdani’s tenure on January 1st. "
The Mayor-elect’s team announced Sunday that it will host a block party along Broadway in Downtown Manhattan leading up to City Hall to commemorate the start of Mamdani’s tenure on January 1st. "
Zohran Mamdani to be sworn in as NYC mayor with inauguration block party
Registration is required for the event that kicks off at 11 a.m.
buff.ly
December 22, 2025 at 8:00 PM
"Zohran Mamdani’s inauguration day plans are set.
The Mayor-elect’s team announced Sunday that it will host a block party along Broadway in Downtown Manhattan leading up to City Hall to commemorate the start of Mamdani’s tenure on January 1st. "
The Mayor-elect’s team announced Sunday that it will host a block party along Broadway in Downtown Manhattan leading up to City Hall to commemorate the start of Mamdani’s tenure on January 1st. "
Can’t decide what to get the NYC economist in your life this holiday season? Here are some last minute gift ideas from our collection of books left behind by IBOers past and 🎁
December 22, 2025 at 5:45 PM
Can’t decide what to get the NYC economist in your life this holiday season? Here are some last minute gift ideas from our collection of books left behind by IBOers past and 🎁
Published yesterday, read IBO's November 2025 Financial Plan analysis mentioned in this article here: on.nyc.gov/3N58ruZ
December 18, 2025 at 6:00 PM
Published yesterday, read IBO's November 2025 Financial Plan analysis mentioned in this article here: on.nyc.gov/3N58ruZ
Trends come and go, but data-driven analysis of City budget and policy will never go out of style. 🥰 What are your ins and outs for 2026? Let us know in the comments!
#NYCBudget #NYCGovernment #NYCPolicy
#NYCBudget #NYCGovernment #NYCPolicy
December 18, 2025 at 5:46 PM
Trends come and go, but data-driven analysis of City budget and policy will never go out of style. 🥰 What are your ins and outs for 2026? Let us know in the comments!
#NYCBudget #NYCGovernment #NYCPolicy
#NYCBudget #NYCGovernment #NYCPolicy
"On Thursday, the @council.nyc.gov is expected to pass a landmark bill that would lift the caps on permits and licenses. " buff.ly/eWR4X9b
See IBO's report on the possible fiscal impacts of this bill, such as a $59 million increase in revenue: buff.ly/noYmFMe
See IBO's report on the possible fiscal impacts of this bill, such as a $59 million increase in revenue: buff.ly/noYmFMe
Independent Budget Office
Get IBO's latest research and news delivered right to your inbox.
www.ibo.nyc.gov
December 18, 2025 at 3:16 PM
"On Thursday, the @council.nyc.gov is expected to pass a landmark bill that would lift the caps on permits and licenses. " buff.ly/eWR4X9b
See IBO's report on the possible fiscal impacts of this bill, such as a $59 million increase in revenue: buff.ly/noYmFMe
See IBO's report on the possible fiscal impacts of this bill, such as a $59 million increase in revenue: buff.ly/noYmFMe
4 Challenges in Economic Forecasting
📌Missing/Delayed Jobs Reporting Numbers
📌Artificial Intelligence
📌Potential Major Changes to Local Tax Policy
📌Weak Job Growth Across Many Sectors Contrasts w/ Strong GDP Growth & Consumer Resilience
Read more:
📌Missing/Delayed Jobs Reporting Numbers
📌Artificial Intelligence
📌Potential Major Changes to Local Tax Policy
📌Weak Job Growth Across Many Sectors Contrasts w/ Strong GDP Growth & Consumer Resilience
Read more:
on.nyc.gov
December 18, 2025 at 1:00 PM
4 Challenges in Economic Forecasting
📌Missing/Delayed Jobs Reporting Numbers
📌Artificial Intelligence
📌Potential Major Changes to Local Tax Policy
📌Weak Job Growth Across Many Sectors Contrasts w/ Strong GDP Growth & Consumer Resilience
Read more:
📌Missing/Delayed Jobs Reporting Numbers
📌Artificial Intelligence
📌Potential Major Changes to Local Tax Policy
📌Weak Job Growth Across Many Sectors Contrasts w/ Strong GDP Growth & Consumer Resilience
Read more:
📌 JUST PUBLISHED: IBO's analysis of the New York City Mayor's Office of Management and Budget's November 2025 Financial Plan provides a comprehensive overview of structural budget challenges and an independent forecast of City revenue and expenditure.
View all 4 documents here: on.nyc.gov/3N58ruZ
View all 4 documents here: on.nyc.gov/3N58ruZ
December 17, 2025 at 8:03 PM
📌 JUST PUBLISHED: IBO's analysis of the New York City Mayor's Office of Management and Budget's November 2025 Financial Plan provides a comprehensive overview of structural budget challenges and an independent forecast of City revenue and expenditure.
View all 4 documents here: on.nyc.gov/3N58ruZ
View all 4 documents here: on.nyc.gov/3N58ruZ
🏫 IBO is examining NYC’s class size mandate as part of our November Plan analysis for Fiscal Year 2026.
🎓 The report focuses on how many teachers the system will need, the scale of the costs involved, and other constraints the City has to plan around. Find the full report on IBO's website!
🎓 The report focuses on how many teachers the system will need, the scale of the costs involved, and other constraints the City has to plan around. Find the full report on IBO's website!
December 16, 2025 at 6:20 PM
🏫 IBO is examining NYC’s class size mandate as part of our November Plan analysis for Fiscal Year 2026.
🎓 The report focuses on how many teachers the system will need, the scale of the costs involved, and other constraints the City has to plan around. Find the full report on IBO's website!
🎓 The report focuses on how many teachers the system will need, the scale of the costs involved, and other constraints the City has to plan around. Find the full report on IBO's website!
"Metropolitan Park and Resorts World New York City — both in Queens — and Bally’s in the Bronx will all be awarded casino licenses."
ny1.com/nyc/all-boro...
ny1.com/nyc/all-boro...
All three city casino bids get final approval for licenses
The 1 p.m. vote was the final step in a yearslong process.
ny1.com
December 15, 2025 at 7:24 PM
"Metropolitan Park and Resorts World New York City — both in Queens — and Bally’s in the Bronx will all be awarded casino licenses."
ny1.com/nyc/all-boro...
ny1.com/nyc/all-boro...
What budget challenges lie ahead for the incoming administration? How's the City budget looking so far? Follow @nycibo for updates!
December 15, 2025 at 5:57 PM
What budget challenges lie ahead for the incoming administration? How's the City budget looking so far? Follow @nycibo for updates!
IBO In the News: "Nearly 12% of positions at DSS are vacant ...In a February report, the city’s Independent Budget Office #IBO noted that the HRA had lost hundreds of eligibility specialists since 2019."
www.thecity.nyc/2025/12/11/e...
www.thecity.nyc/2025/12/11/e...
Millions in Overtime, Thousands of Vacancies: Inside NYC’s Overstretched Social Services Agency
With nearly 1,500 unfilled jobs and demand for public assistance at record highs, New York City’s Department of Social Services is leaning on mandatory overtime to keep up — and that’s before onerous…
www.thecity.nyc
December 12, 2025 at 6:11 PM
IBO In the News: "Nearly 12% of positions at DSS are vacant ...In a February report, the city’s Independent Budget Office #IBO noted that the HRA had lost hundreds of eligibility specialists since 2019."
www.thecity.nyc/2025/12/11/e...
www.thecity.nyc/2025/12/11/e...
The new year is rapidly approaching (the actual one, not the fiscal one). IBO's resolution is to keep providing New Yorkers with nonpartisan, data-driven analysis on all things City budget and policy! 😍 ibo.nyc.gov
#NYC #NYCBudget #NYCGovernment
#NYC #NYCBudget #NYCGovernment
December 11, 2025 at 6:04 PM
The new year is rapidly approaching (the actual one, not the fiscal one). IBO's resolution is to keep providing New Yorkers with nonpartisan, data-driven analysis on all things City budget and policy! 😍 ibo.nyc.gov
#NYC #NYCBudget #NYCGovernment
#NYC #NYCBudget #NYCGovernment
IBO staff have been hard at work on our mandated report…under the strict watch of our fluffiest quality-control team. Every stitch of progress has been inspected, approved, and occasionally judged.
December 9, 2025 at 6:30 PM
IBO staff have been hard at work on our mandated report…under the strict watch of our fluffiest quality-control team. Every stitch of progress has been inspected, approved, and occasionally judged.
If you've ever had a hard time imagining how #NYC spends its $116 billion operating budget, you're not alone.
IBO created a nifty guide on how NYC would spend its money if it only had $100.
ibo.nyc.gov/content/publ...
IBO created a nifty guide on how NYC would spend its money if it only had $100.
ibo.nyc.gov/content/publ...
December 8, 2025 at 6:43 PM
If you've ever had a hard time imagining how #NYC spends its $116 billion operating budget, you're not alone.
IBO created a nifty guide on how NYC would spend its money if it only had $100.
ibo.nyc.gov/content/publ...
IBO created a nifty guide on how NYC would spend its money if it only had $100.
ibo.nyc.gov/content/publ...
Is the City on track to meet its mandated #SolarEnergy ☀️ targets across its properties? IBO’s latest report reviews the City’s progress toward reaching the benchmarks set by Local Law 99 of 2024. Check it out: buff.ly/HptnG3i #renewableenergy #solarpower
December 4, 2025 at 4:03 PM
Is the City on track to meet its mandated #SolarEnergy ☀️ targets across its properties? IBO’s latest report reviews the City’s progress toward reaching the benchmarks set by Local Law 99 of 2024. Check it out: buff.ly/HptnG3i #renewableenergy #solarpower
Who makes the City budget? What does NYC spend the most money on? When can I as a concerned citizen provide input?
Join our NYC Budget 101 workshop organized in partnership with the Brooklyn Borough President's Office, TOMORROW, 12/4, to learn all this and more. :https://buff.ly/iy4COhX
Join our NYC Budget 101 workshop organized in partnership with the Brooklyn Borough President's Office, TOMORROW, 12/4, to learn all this and more. :https://buff.ly/iy4COhX
December 3, 2025 at 7:30 PM
Who makes the City budget? What does NYC spend the most money on? When can I as a concerned citizen provide input?
Join our NYC Budget 101 workshop organized in partnership with the Brooklyn Borough President's Office, TOMORROW, 12/4, to learn all this and more. :https://buff.ly/iy4COhX
Join our NYC Budget 101 workshop organized in partnership with the Brooklyn Borough President's Office, TOMORROW, 12/4, to learn all this and more. :https://buff.ly/iy4COhX
🌏 How will federal changes impact New York City's ability to lower emissions, improve air quality, and meet climate and public health objectives?
December 3, 2025 at 5:40 PM
🌏 How will federal changes impact New York City's ability to lower emissions, improve air quality, and meet climate and public health objectives?
Throughout 2025, the #Trump administration has adjusted long-standing federal data practices. IBO's latest report outlines how these practices are changing, and how that may impact researchers and policymakers, including IBO.
Read the full report here: buff.ly/VEivSAA
Read the full report here: buff.ly/VEivSAA
December 1, 2025 at 6:00 PM
Throughout 2025, the #Trump administration has adjusted long-standing federal data practices. IBO's latest report outlines how these practices are changing, and how that may impact researchers and policymakers, including IBO.
Read the full report here: buff.ly/VEivSAA
Read the full report here: buff.ly/VEivSAA
Palate Cleanse: What would your NYE confetti message to be transmitted via morse code be?
In Times Square, a New Ball for a New Year
The new ball will have more lights and round crystals and can be visited year-round, for a price.
buff.ly
November 25, 2025 at 2:02 PM
Palate Cleanse: What would your NYE confetti message to be transmitted via morse code be?