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GGD-80-5 1 (1979-10-31)

handle is hein.gao/gaobaazwa0001 and id is 1 raw text is: .9


BY THE COMPTROLLER GENERAL    1I 071 t I



Report To The Congress


OF THE UNITED STATES


New York City's Fiscal

Problems: A Long Road

Still Lies Ahead



During the past 4 years New York City has
made progress in dealing with its fiscal prob-
lems, but significant budget deficits are pro-
jected for the next few years, and there are
major uncertainties ahead.

GAO says the City should face up to the need
for budget cuts and it should take additional
steps to improve its economy, an assessment
City officials strongly disagree with. Other
Federal and State agencies generally agree
with GAO's concerns, but they differ on what
should be done.


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      GGD-80-5
OCTOBER 31, 1979

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