Is New York City in debt?
Is New York City in debt? The outstanding debt total as of July 1, 2022 included $36.31 billion of net General Obligation (GO) debt, $29.83 billion of NYC Transitional Finance Authority (TFA) debt above its $13.5 billion authorized base, and $19.8 billion in contract and other liabilities, as shown in Table 1 on page 6.
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