Independent Budget Office projects additional $2B budget surplus for this year and next over Mayor's forecast | amNewYork
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from www.amny.com8 months ago
The city's Independent Budget Office projected a $2.2 billion surplus for NYC, higher than Mayor Adams' forecast, giving City Council more leverage in budget negotiations.
www.amny.comhttps://www.amny.com/news/independent-budget-office-projects-additional-2b-budget-surplus-for-this-year-and-next-over-mayors-forecast/
City Council argues there is over $6 billion available funds, believing cuts were unnecessary due to the city's financial status.
www.amny.comhttps://www.amny.com/news/independent-budget-office-projects-additional-2b-budget-surplus-for-this-year-and-next-over-mayors-forecast/
Read at www.amny.com
#nyc-budget #ibo-report #city-council-negotiations
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