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NYS Comptroller Sees “Uneven” Recovery Ahead for NYC
From the standpoint of providing basic services, New York City’s uneven recovery will present evolving challenges over the next few years, New York State Comptroller Thomas P. DiNapoli said in remarks to the Association for a Better New York (ABNY).
Sharp declines in the city’s workforce, combined with revenue uncertainty for key programs as federal aid winds down, may test the city’s ability to respond to demands for critical services just as it is trying to ensure a robust and broad recovery, said DiNapoli.
“There are some bright spots in New York City’s economic recovery, but its overall course remains uneven and has created tremendous uncertainty,” DiNapoli said. “At its foundation, the city’s recovery will depend on its ability to deliver basic services like education and public safety, while managing spikes in demand for additional services, like mental health and homelessness, without interruption.”
- ◦Economy