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DiNapoli: NYC Finances Stabilizing With Drop in Costs for Asylum Seekers and Resilient Tax Revenue
December 20, 2024
ALBANY, New York, Dec. 20 (TNSres) -- New York State Comptroller Thomas P. DiNapoli issued the following news release:

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City Should Bolster Reserves To Guard Against Future Uncertainty

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New York City's finances have stabilized amid declining costs for asylum seekers and strong revenue, largely from growth in business and property tax collections. But potential policy changes on the federal level creates uncertainty for the coming year . . .

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