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New York City Independent Budget Office history
New York City Independent Budget Office company history timeline
Revenue & Expenditure Summary Agency Expenditures Actual Full-Time Positions Tax Revenues Other Non-Tax Revenues State & Federal Categorical Aid Capital Expenditures Since 1985
1988 - Ethical Finance The Campaign Finance Board is formed as part of a response to corruption in city agencies.
1992 - Chinese Ballots The city begins providing voting information in Chinese, and Spanish is added to Queens ballots.
1993 - Term Limits City voters approve a ballot measure, backed by millionaire Ronald Lauder, that would limit citywide officials, including the mayor, as well as borough presidents and members of the City Council to two consecutive four-year terms.
1996 - Two Terms and You're Out Voters reject a plan put forth by City Council Speaker Peter Vallone to delay the implementation of term limits and to allow officials three terms, instead of two.
2001 - The Big Change Because of term limits, all citywide officials and 37 of 51 City Council members are unable to run for reelection, creating the largest turnover in city history.
2003 - Two More Years The City Council adjusts the term limits law to allow some council members, who were elected in the middle of a term and would have had to leave office after serving fewer than eight years, to remain in their seats.
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