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Date Published:: 2002-06-07
Description:: The Mayor's Executive Budget plan for the fiscal years of 2003 to 2006, analyzed by the Comptroller, has a structural imbalance. The City's revenue base is insufficient to support the proposed levels of spending, and the City faces budget gaps and large deficits.
Agency:: Comptroller (COMP)
Subject(s):: Finance and Budget
Report Type:: Budget Report

Date Published:: 2002-05-01
Description:: The Comptroller's Comments On The Economic Assumptions Underlying The Executive Budget For Fiscal Year 2003
Agency:: Comptroller (COMP)
Subject(s):: Finance and Budget
Report Type:: Budget Report

Date Published:: 2002-05-01
Description:: Annual report of the total citywide market value of fully & particially taxable property. Agency submitted date as 5/1/2002.
Agency:: Finance, Department of (DOF)
Subject(s):: Finance and Budget
Report Type:: Report

Date Published:: 2002-05-01
Description:: While fiscal year 2002 is certain to end with the budget in balance, fiscal year 2003 is not guaranteed to. The recession and the terrorist attacks left the city in a challenging financial condition. The Comptroller's analysis reveals that the fiscal year 2003 gap has increased by an additional $1.1 billion, bringing the total deficit to more than $6 billion.
Agency:: Comptroller (COMP)
Subject(s):: Finance and Budget
Report Type:: Budget Report

Date Published:: 2002-03-20
Description:: The city is on course toward FY2002 budget balance but faces budget gaps beginning with 2003 fiscal year. FY 2002 is projected to end with a $260 million surplus, which will help the FY 2003 budget, which has a budget deficit greater than $4.5 billion. Therefore, they must borrow from the NYCTFA, about $1.5 billion. The city also faces problems such as deteriorating city infrastructure, which leads to debt service growing at twice the rate of revenues. However, despite all efforts, the FY2006 budget gap can exceed $5.5 billon.
Agency:: Comptroller (COMP)
Subject(s):: Finance and Budget
Report Type:: Budget Report

Date Published:: 2002-01-01
Description:: A summary of approved NYS and NYC Local Laws that affect city taxes under Finance jurisdication. Agency submitted date as FY2002.
Agency:: Finance, Department of (DOF)
Subject(s):: Finance and Budget
Report Type:: Report

Date Published:: 2002-01-01
Description:: Reports used to compute the investment allocation percentages for taxable periods for General Corporation and Unicorporated Business taxpayers. Agency submitted date as Tax Year 2002.
Agency:: Finance, Department of (DOF)
Subject(s):: Finance and Budget
Report Type:: Report - Other

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