Independent Budget Office

Mayor Bloomberg's fee increases backfired by driving away members, the Independent Budget Office found.

Given fare hikes in recent years, monthly rates could leap 50 percent in 10 years, a new study shows.

The city will spend more than $800 million on homeless shelters in 2013, Independent Budget Office says.

The school in Corona is operating at 120 percent of its capacity.

A new report found individual student performance changes very little over time.

That's twice what it would cost the city the keep its current waste transfer system, the report said.

The city could save $28 million a year by scrapping elementary and middle summer school programs.

The Independent Budget Office says the city's latest budget projections may be too pessimistic.

The study examining the link between poverty and absenteeism and test scores was conducted by the Independent Budget Office.

A 6-cent tax on disposable plastic bags could generate $94 million a year, the city's Independent Budget Office said.

A new analysis of the mayor's preliminary budget also says that homeless shelter costs could soar.

Despite predicting higher tax revenue, the Independent Budget Office said a drop in state funding could erase any gains.

The New York City Independent Budget Office released a new study showing that the city loses a lot of money overseeing street vendors.

A 21.5 percent drop in Wall Street wages could have a devastating affect on the local economy, according to a new report.