Budget Options for New York City

by Optimization with an Impact (OpIm)

The budget options originate in a number of different ways. Some are included because elected officials, advocates, and other individuals have asked IBO to analyze their potential to cut costs or raise revenue for the city. Other options were generated by IBO’s own team of experts. More than a few have been the subject of public discourse for many years. Members of the public can also suggest options and for the first time this year, IBO invited them to send us their ideas via social media. Fans and followers sent in several thought-provoking suggestions; our option to consider development impact fees came by way of Facebook. It is IBO’s hope that in the years to come we will receive more ideas from our online readership for which we can estimate savings or revenue.