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“the release of new york city’s $109.4 billion fy 2025 preliminary budget shows the pathway to budgetary balance can be achieved through targeted cost savings. The annual cit return is due by 25 march of the following year if the fiscal year equals the calendar year;
This Reflects The Strong Job Gains In Nyc That Occurred Late In Calendar Year 2022 And Into Early 2023, And Is Now Fully Reflected In Fy 2024 Data, Even Though More.
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It covers the period from april 1st, 2024, to march 31st, 2025, with a focus on individuals, professionals, and sme businesses.
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New york, ny — following the release of mayor eric adams’ and governor kathy hochul’s proposals for the new york city and state fiscal year 2025 budgets,.