Archive - Bored of Estimates

Not All NYC Budget Reserves are called "Reserves"

The City quietly reduced unofficial reserves by nearly $7 billion over the past four budgets. Folks are starting to notice

Mar 13 • Tom Flaschen

NYC's Broken Property Tax System Undermines Mamdani's $725 Million Surcharge

NYC's broken valuation system creates deep structural barriers to a 1% tax on homes over $5 million

Mar 7 • Tom Flaschen

How NYC Property Taxes are Calculated

Part 1 of an assessment of NYC property taxes

Mar 6 • Tom Flaschen

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts