A quarterly cash report for New York City. At the close of FY 2022 (on June 30, 2022), the City recorded the end-of-year cash balance of $8.159 billion, compared to $8.469 billion a year ago. Daily cash balances during FY22 averaged $7.524 billion, $831 million below the prior year’s number.
In accordance with the requirements of the New York State Municipal Assistance Corporation Act and the New York State Financial Emergency Act, the City of New York is required to submit monthly financial reports.
This document reflects the NYC Community Development Block Grant (CDBG) budget for CFY 2023. CDBG is a funding stream from the U.S. Department of Housing and Urban Development (HUD).
New York City’s current property tax system is notoriously opaque, unfair, and regressive. For the past four decades, rather than dealing with its structural flaws, New York State has layered on a patchwork of exemptions and abatements to lower tax rates for various owners.
This document reflects the NYC Community Development Block Grant (CDBG) budget for CFY 2022. CDBG is a funding stream from the U.S. Department of Housing and Urban Development (HUD).