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Preparing for the Next Fiscal Storm Setting Guidelines for NYC’s Rainy Day Fund

Date Published:

2022-05-23

Description:

The creation of the Revenue Stabilization Fund in 2020 allows NYC to smooth revenue fluctuations between times of economic growth and decline.

Agency:

Comptroller (COMP)

Subject(s):

Budget and Finance, Government, and Accounting

Report Type:

Budget / Finance

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Preparing for the Next Fiscal Storm Setting Guidelines for NYC’s Rainy Day Fund