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.