IBO Evaluates Budget
- N.Y.C. Surplus Swells. O'Brien, Elizabeth // Bond Buyer;12/19/2005, Vol. 354 Issue 32281, p35
The article states that according to a report released by New York City's Independent Budget Office stronger-than-expected growth in tax revenue has propelled the city's projected surplus for fiscal 2006 to $1.9 billion. The report said that if the surplus is used to plug 2006's gap, then fiscal...
- Budget Uncertainty Could Pressure N.Y.C. Outlook: Report. BURTON, PAUL // Bond Buyer;3/28/2013, Vol. 383 Issue 33885, p3
The article reports on the pressure of New York City's finances due to uncertainty from labor contracts to bond interest rates, according to the city's Independent Budget Office (IBO). According to IBO director Ronnie Lowenstein, the city's fiscal outlook is not strong as it looks. Based on the...
- STATS AND THE CITY. // Crain's New York Business;1/6/2014, Vol. 30 Issue 1, p0010
The article reveals that the administration of New York Mayor Michael Bloomberg achieved an all time high in employment numbers and the Independent Budget Office forecasts continued job gains in the near future.
- N.Y C. Independent Budget Office Sees Higher Revenue Than Mayor. Kaske, Michelle // Bond Buyer;5/25/2011, Vol. 376 Issue 33523, p4
The article discusses an analysis of New York City Mayor Michael Bloomberg's fiscal 2012 executive budget and financial plan by the city's Independent Budget Office (IBO) wherein IBO forecasted higher tax-collection projections compared to the 5.56 billion dollars revenue projection from Bloomberg.
- Report: N.Y.C. Budget OK for Now; But Labor, Storm Challenges Loom. BURTON, PAUL // Bond Buyer;5/22/2013, Vol. 384 Issue 33916, p24
The article reports that Independent Budget Office of New York City has said that the city will end its current fiscal year 2013 with a profit of 2.1 billion U.S. dollars, which complements the projection of city's Mayor Michael Bloomberg.
- IBO Projects Larger Surpluses for N.Y. City. Burton, Paul // Bondbuyer.com;3/4/2015, p35
The article reports that the Independent Budget Office (IBO) forecasted that surpluses have reached 1.8 billion dollars in New York since fiscal year on June 30, 2014.
- IBO: N.Y. City Athletic Fee Hikes Backfired. Burton, Paul // Bondbuyer.com;9/12/2013, p29
The article reports that fee increases for city operated athletic facilities produced far less revenue than expected, according to the New York City Independent Budget Office. The anticipation of Mayor Michael Bloomberg for the fee hikes to generate $6.3 million for fiscal year 2012 is stated....
- NO NEW TAXES But new fees. // Crain's New York Business;7/18/2011, Vol. 27 Issue 29, p0008
The article focuses on the fee increases designed to raise government revenues in New York City. It states that Mayor Michael Bloomberg of New York City signed into law some fee increases, which will bring a nearly 46 million dollars of revenues, according to the Independent Budget Office. It...
- N.Y.C.'s Budget Dance. Whalen, Robert // Bond Buyer;5/8/2006, Vol. 356 Issue 32376, p37
This article discusses the budget process involving New York, N.Y. Mayor Michael Bloomberg and the city council. Bloomberg cut $338 million of council-proposed expenditures from the budget. Councilmembers called for the restoration of these funds that support cultural activities, public health...