The New York City projected budget deficit for the 2003 fiscal year which begins July 2002 ballooned from $2-$2.5 billion to approximately $4 billion, though most direct expenses related to the [rescue and recovery effort]? are to be covered by the expected $40 billion in federal aid. However, the related drop in tourism and Lower Manhattan tax revenue is not expected to be covered. |
[THE BUDGET: Finances of New York City Staggered by the Emergency, New York Times, 10/3/2001] |
To be incorporated |
To be incorporated [Fulton Fish Market Unhappy in Its New Home, New York Times, 10/4/2001] |