https://freerepublic.com/tag/mycy/ en-us Sat, 30 Mar 2024 00:07:18 GMT Focus Forum 15 https://freerepublic.com/focus/f-news/4227767/posts New York City officials are forecasting overdue property taxes will surge to a record $880 million in the current fiscal year — and they say it’s because they’ve lost the power to enforce punishments for delinquencies. The staggering figure — forecast for the fiscal year ending in June — marks a jump of more than 30% from three years ago, according to an offering document for a city general obligation bond sale Tuesday obtained by Bloomberg. “It’s not just the absolute dollar amount that I think should worry us all,” Preston Niblack, the city’s finance commissioner, said at a City... Nypost https://freerepublic.com/focus/f-news/4227767/posts#comment Sat, 30 Mar 2024 00:07:18 GMT