NYC budget

Briefing on Mayor Bloomberg’s Preliminary FY 2011 New York City Budget

February 9, 2010. Despite Wall Street’s rebound, unemployment and hardship are extremely high for most New Yorkers; at best, recovery will be very gradual. This briefing finds that the Mayor’s proposed budget cuts and the state budget-related contingency cuts will worsen unemployment and hardship. To mitigate the harmful impact of the budget, increased federal fiscal aid is the highest priority, followed by progressive income tax increases – less harmful than budget cuts. Briefing >>(read more)

Outsourcing Public Services to the Private Sector

May 7, 2009. Testimony before the New York City Council Committee on Civil Service and Labor and Committee on Contracts. “Contracting in” offers budget savings and efficiency while promoting better quality jobs for New Yorkers. To pursue these goals, the Council should consider reforms to the contracting process and decision-making.… (read more)

New York City 2006 Budget and Economic Outlook

February 9, 2006. Presentation by FPI Deputy Director and Chief Economist James Parrott. Presentation >>(read more)

Comments on the New York City Charter Revision Commission’s preliminary recommendations on “public reporting and data access”

June 28, 2005. Testimony by FPI Executive Director Frank Mauro.… (read more)

Comments on the New York City Charter Revision Commission’s preliminary recommendations on “fiscal stability”

June 27, 2005. Testimony by FPI Executive Director Frank Mauro.… (read more)

Fiscal Stability for New York City

March 23, 2005. Testimony presented by FPI’s Deputy Director and Chief Economist James Parrott to the New York City Charter Revision Commission. This testimony deals with the Charter Commission’s interest in determining if any of the expiring provisions of the New York State Financial Emergency Act for the City of New York should be incorporated into the New York City Charter.… (read more)

Expenditure of Payments in Lieu of Taxes (PILOTs) in New York City

March 22, 2005. Testimony by FPI Deputy Director and Chief Economist James Parrott at a hearing of the City Council. This testimony deals with the discovery of the fact that Mayor Bloomberg and several of his predecessors have been spending some PILOT payment revenues without appropriations by the City Council. Related: Mayor Bloomberg’s veto message explaining his June 9, 2005, veto City Council legislation requiring greater accountability in the expenditure of PILOT revenues. Testimony >>(read more)

New York City’s 2005-2006 Budget Outlook

February 2, 2005. Includes analyses of the Mayor’s January 27, 2005 Financial Plan, the MTA Operating Budget and 2005-2009 Capital Program, and the fiscal implications of the Far West Side Proposal. Presentation >>(read more)

Meeting New York City’s Fiscal and Economic Challenges in 2003

February 12, 2003. Released at FPI’s annual budget briefing, this analysis is based on Mayor Bloomberg’s January 28 Financial Plan for FY 2003-2007. Presentation >>(read more)

The NYS and NYC Budgets

November 25, 2002. New from FPI: the New York City 2003-2004 budget outlook, based on Mayor Bloomberg’s November 14, 2002, Financial Plan Update. Briefing materials on the state budget:

  • New York State’s 2003-2004 Budget Outlook – a budget alert originally released October 19 and a presentation released September 26,
  • Listing of new tax cuts taking effect in 2002, 2003 and thereafter.
(read more)