The Real Deal New York

$7B in unexpected revenue for NYC

March 02, 2007 12:00AM

State comptroller Thomas DiNapoli said New York City will have $7 billion in unexpected revenue over this year and next, a windfall attributed largely to record Wall Street bonuses and the strong real estate market. DiNapoli said the money will be earmarked to balance budgets for fiscal years 2008 and 2009. more [NY1]

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