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NYC Government Publication


How Much Is Enough?

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New York City government’s statutory debt limit is set by the New York State Constitution. The City is permitted to incur indebtedness to execute its capital projects up to a maximum tied by the State Constitution to a fraction of, conceptually, the value of real estate in New York City.

Sub title
  • Evaluating the Need to Increase the City’s Debt Capacity
Report type
  • Reports - Other (Consultant/Staff)
Date published
  • 2024-03-14
Fiscal year
  • 2024
Required Report Name
  • Not Required