A little over $112B
https://www.nyc.gov/assets/omb/downloads/pdf/adopt24/adopt24-expreso.pdf
Revenue (approx)
City funds $85B
NY state $19B
Fed. $ 8B
“”””A little over $112B
https://www.nyc.gov/assets/omb/downloads/pdf/adopt24/adopt24-expreso.pdf
Revenue (approx)
City funds $85B
NY state $19B
Fed. $ 8B””””
Thanks for clarifying the sources of NYC budget.
I would guess that NYC personal and corporate income taxes and property taxes account for most of the $85 billion of city fund revenue.
If people and corporations both leave NYC, the income and property tax revenue will go down.