TITLE

Council Hears Testimony as N.Y.C. Gears for Budget Battle

AUTHOR(S)
O'Brien, Elizabeth
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/4/2005, Vol. 351 Issue 32083, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses issues related to the fiscal 2006 budget of New York City. Following hours of a testimony from the mayor Michael Bloomberg's budget director and the city comptroller. on the city's projected $48.3 billion fiscal 2006 budget, the shadows of a looming budget gap in fiscal 2007 began to emerge as this fiscal year's surplus seems fated to plug shortfalls in 2006, city officials said. Mark Page, the director of Bloomberg's office of management and budget, testified that January 2005 and February 2005 revenue has been stronger than projected in the preliminary budget.
ACCESSION #
16314254

 

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