The city also has about $3 billion in its rainy day fund and its reserves combined. It also, in times of economic growth, as we've generally seen in The city...sees its budget increase by 2 to 3 billion dollars. So there are a lot of different opportunities. And the final thing I will say is we have a city budget of $115 billion. (04:39–30:28)
CLAIM
Asserts that New York City's budget increases by 2 to 3 billion dollars in times of economic growth.
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