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Focus on: The Mayor’s Preliminary Budget for Fiscal Year 2025

The City Charter requires IBO to produce an independent estimate of revenues and expenditures for the upcoming fiscal year. For the Fiscal Year Preliminary 2025 budget IBO produces a chart book and testifies to City Council’s Committee on Finance. You will find both below as they are released.

Analysis of the 2025 Preliminary Budget and Financial Plan by the Independent Budget Office

February 15, 2024

Testimony On IBO’s Analysis of the 2025 Preliminary Budget and Financial Plan To The New York City Council Committee on Finance
March 4, 2024

The City Charter also requires IBO to enhance official and public understanding of the budgetary process and budget documents. In the reports below IBO presents analyses of major budgetary issues facing the city as related to the FY 2025 Preliminary Budget.

Testimony to the New York City Council Committee on Land Use
March 21, 2024

Giving Some Back, Leaving Others Out: IBO’s Analysis of the Administration’s Second Consecutive Program to Eliminate the Gap This Fiscal Year
February 27, 2024

Details on the January 2024 Economic and Tax Revenue Forecasts

February 22, 2024

To reference the Mayor’s Fiscal Year 2025 Preliminary Budget, please click here

NOTE: To read or print many documents on IBO's website, you must have Adobe Acrobat Reader 5.0 or higher installed on your computer. It can be downloaded for free at www.adobe.com

If you have difficulty downloading any PDF document, please call us at (212) 442-0632 and we will mail or fax that document.

Please contact us if you are looking for additional information at the number above. Your call will be routed to the appropriate staff member.