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NYC Comptroller Projects $2.2B Budget Shortfall in FY 2026

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Comptroller Levine emphasized that the Adams Administration’s FY26 spending levels, which exceed revenue, and failure to properly budget for known, re-occurring expenses, have led to unusually high budget deficit projections for FY26 and FY27.

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Source: https://realestateindepth.com/nyc-c

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