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Tumbling Tax Revenues, Shrinking Reserves, Growing Budget Gaps: New York City Faces Substantial Fiscal Challenges in the Weeks and Months Ahead

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The details behind our latest economic forecast, estimate of tax revenues, and projection of spending based on the Mayor’s Executive Budget and Financial Plan through 2024.

Sub title
  • An Analysis of the Mayor’s Executive Budget for 2021 and Financial Plan Through 2024
Agency
Subject
Report type
  • Reports - Annual
Date published
  • 2020-05-18
Language
Fiscal year
  • 2021
Required Report Name
  • Report on the Executive Budget