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New York City / Independent Budget Office

Agency file

Independent Budget Office

Source file: New York City — Citywide Payroll / ingested Jun 18, 2026

The Independent Budget Office manages public finances — collecting revenue and taxes, budgeting, accounting, and financial oversight.

In 2025, this agency had 79 employees with median total compensation of $78,183; the highest distinct record was $269,278.

Year
2025
Total payroll
$6M
Employees
79
Median total
$78,183
Highest record
$269,278

What the records show

Compensation analytics

These summaries compare pay within the agency before listing individual records.

Salary distribution

How 2025 total compensation is spread across the 79 employees. Each bar is a pay range; taller bars mean more people earn in that range. The amber line marks the median ($78,183) — half earn less, half more. The far-right bar collects the highest earners.

Average pay composition

  • Base$73,882 (98%)
  • Overtime$0 (0%)
  • Other$1,539 (2%)
  • Benefits$0 (0%)

What an average paycheck here is made of — base salary versus overtime, other pay (bonuses, allowances), and benefits. A large overtime or other-pay share means take-home often exceeds base salary.

Pay percentiles

10th
25th
Median
75th
90th
$2,248
$6,744
$78,183
$105,845
$147,882

The pay ladder for this department. Someone at the 90th percentile earns $147,882 — more than 90% of the department; the 10th percentile earns $2,248. The shaded band is the middle half of employees (25th–75th percentile).

Largest job titles

The most common job titles in this department by headcount, with the median total compensation for each. Click a title to see everyone who holds it.

Compare

Similar departments

Departments elsewhere with the most similar mix of roles — a proxy for the same kind of agency, matched by workforce composition rather than name. Pay is not cost-of-living adjusted.

Record list

Employees

Page 1

Louisa Chafee

Director of Independent Budget Office/Independent Budget Office

2025 total comp
$269,278
Base pay
$269,278
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$269,278
Hire date
2023-03-01
Pay basis
Annual
Work city
Manhattan

Source-specific fields

Base Salary
$278,278
Leave Status as of June 30
Active
Overtime Hours
0
Payroll Number
132
Regular Hours
1,820

Louisa Chafee works as a Director of Independent Budget Office for Independent Budget Office based in Manhattan. Hired in 2023, they have about 2 years of service. Louisa earned $269,278 in 2025.

Jacqueline Sherman

Executive Agency Counsel/Independent Budget Office

2025 total comp
$211,033
Base pay
$208,033
Overtime
$0
Other pay
$3,000
Benefits
$0
Total compensation
$211,033
Hire date
2022-02-10
Pay basis
Annual
Work city
Manhattan
Middle name
D

Source-specific fields

Base Salary
$214,986
Leave Status as of June 30
Active
Overtime Hours
0
Payroll Number
132
Regular Hours
1,820

At Independent Budget Office, Jacqueline Sherman serves as a Executive Agency Counsel based in Manhattan. Hired in 2022, they have about 3 years of service. Their 2025 pay totaled $211,033.

Sarita Subramanian

Budget Analyst/Independent Budget Office

2025 total comp
$209,033
Base pay
$208,033
Overtime
$0
Other pay
$1,000
Benefits
$0
Total compensation
$209,033
Hire date
2009-06-01
Pay basis
Annual
Work city
Manhattan

Source-specific fields

Base Salary
$214,986
Leave Status as of June 30
Active
Overtime Hours
0
Payroll Number
132
Regular Hours
1,820

Sarita Subramanian works as a Budget Analyst for Independent Budget Office based in Manhattan. They have served since 2009 (about 16 years). Sarita earned $209,033 in 2025.

Sarah Parker

Budget Analyst/Independent Budget Office

2025 total comp
$208,033
Base pay
$208,033
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$208,033
Hire date
2015-03-23
Pay basis
Annual
Work city
Manhattan
Middle name
L

Source-specific fields

Base Salary
$214,986
Leave Status as of June 30
Active
Overtime Hours
0
Payroll Number
132
Regular Hours
1,820

Sarah Parker holds the role of Budget Analyst at Independent Budget Office based in Manhattan. Hired in 2015, they have about 10 years of service. In 2025, their total compensation was $208,033.