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Review of the Financial Plan of the City of New York - May 2007
Recent data have revealed that the City’s economy was much stronger during 2006 than was initially reported, and that strength has continued into 2007.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-1-2008.pdfReview of the Financial Plan of the City of New York - December 2003
One year ago, the City projected a $6.4 billion budget gap for FY 2004 and even larger gaps for subsequent years.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-11-2004.pdfReview of the Financial Plan of the City of New York, August 2022
The City’s adopted budget for Fiscal Year (FY) 2023 reflects the countervailing forces of extraordinary efforts by the federal government to boost the economy over the last two years and an economic slowdown due to unanticipated factors, including supply chain issues.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-6-2023.pdfReview of the Financial Plan of the City of New York, March 2022
Over the last two years, New York City has grappled with a catastrophic public health crisis along with multiple economic and social disruptions arising from the COVID-19 pandemic.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-19-2022.pdfReview of the Financial Plan of the City of New York, August 2021
Since March 2020, New York City has grappled with a catastrophic public health crisis along with multiple economic and social disruptions arising from the COVID-19 pandemic.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-6-2022.pdfReview of the Financial Plan of the City of New York, June 2021
For over a year, New York City has grappled with a catastrophic public health crisis and multiple economic and social disruptions arising from the COVID-19 pandemic.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-5-2022.pdfReview of the Financial Plan of the City of New York - August 2020
The economic, social and budgetary fallout from the COVID-19 pandemic on New York City has been unprecedented, while the loss of life has been unimaginable.
https://www.osc.ny.gov/files/reports/osdc/pdf/rpt-2-2021.pdfReview of the Financial Plan of the City of New York - May 2020
The City projects balanced budgets for fiscal years 2020 and 2021, but it continues to face large budget risks.
https://www.osc.ny.gov/files/reports/osdc/pdf/rpt-1-2021.pdfReview of the Financial Plan of the City of New York - February 2020
On January 16, 2020, the City of New York released a four-year financial plan for fiscal years 2020 through 2024 (the “January Plan”).
https://www.osc.ny.gov/files/reports/osdc/pdf/rpt-12-2020.pdfReview of the Financial Plan of the City of New York - May 2019
The FY 2020 budget totals $92.5 billion, including $68.2 billion that will be funded with locally generated revenues (i.e., City funds).
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2020.pdfReview of the Financial Plan of the City of New York - December 2018
New York City’s economy is strong and continues to set new records.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-9-2019.pdfReview of the Financial Plan of the City of New York - March 2019
New York City’s economy continues to set records, although external risks are growing.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-10-2019.pdfReview of the Financial Plan of the City of New York - June 2012
New York City adopted a balanced budget for FY 2012, but projected a budget gap of $4.6 billion for FY 2013, and even larger gaps for subsequent years.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2013_0.pdfReview of the Financial Plan of the City of New York - July 2013
On June 27, 2013, the City of New York submitted to the Financial Control Board a four-year financial plan based on the adopted budget for FY 2014.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-5-2014.pdfReview of the Financial Plan of the City of New York - March 2018
New York City’s economy is strong and continues to post solid job gains. It added 715,000 jobs between 2009 and 2017.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-11-2018.pdfReview of the Financial Plan of the City of New York - December 2004
The City of New York submitted to the New York State Financial Control Board a modification to its four-year financial plan for fiscal years 2005 through 2008.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-8-2005.pdfReview of the Financial Plan of the City of New York - July 2014
On June 26, 2014, the City of New York submitted to the New York State Financial Control Board a revised financial plan for FY 2014
https://www.osc.ny.gov/files/reports/osdc/pdf/report-7-2015.pdfReview of the Financial Plan of the City of New York - July 2009
Two years ago, New York City’s economy was booming and the City’s coffers were overflowing with record budget surpluses.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-7-2010.pdfReview of the Financial Plan of the City of New York - December 2007
New York City’s budget gap for FY 2011 represents 14.9 percent of City fund revenues.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-7-2008.pdfReview of the Financial Plan of the City of New York - December 2005
New labor agreements with most of the municipal workforce remove the largest budget risk that was facing the City.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-7-2006.pdf