November 21, 2013 / 5:31 PM / in 4 years

New York City 2015 budget gap eliminated - Mayor Bloomberg

NEW YORK, Nov 21 (Reuters) - New York City has eliminated the $2.2 billion shortfall that it had previously forecast for next year’s budget, Mayor Michael Bloomberg said on Thursday.

The balanced fiscal 2015 budget would leave incoming mayor Bill de Blasio, who takes office in January, with more room to maneuver during his first year.

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