EVALUATING THE EFFECT OF PARTICIPATORY BUDGETING ON REDISTRIBUTION OF PUBLIC FUNDS
Participatory budgeting is a process in which community members decide how a portion of public funds should be spent. Participatory budgeting in New York City (PBNYC) began with four City Council districts in 2011 and has expanded to 31 of the 51 districts in 2019. One of the goals of PBNYC is to make public spending more equitable. Using publicly available data, the team conducted a difference-in-difference analysis to determine whether PBNYC results in a reallocation of capital project funds within districts and the extent to which these effects are moderated by neighborhood income level, gentrification, and political engagement. The team’s findings provide insight into whether PBNYC actually increases resources where most needed and are particularly relevant for policymakers and other stakeholders planning for PBNYC implementation citywide.