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Q&A

IBO's reestimate process for analyzing agency budgets

1:49:48

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95 sec

Sarah Parker explains IBO's reestimate process for analyzing agency budgets and identifying areas of under- or over-budgeting.

  • IBO examines historical spending, policy changes, and current spending trends to calculate expected costs
  • They compare their calculations to the amounts in the budget to identify discrepancies
  • Examples of areas with discrepancies include citywide staffing and housing vouchers
  • IBO considers the multi-year impact of programs when assessing future year budgets