Budget 2024 Tax Changes Nyc. The city increased their fy 2024 tax revenue projections by a total of $198 million. The council forecast projects the city will have a budget surplus of $2.6 billion for fy 2024, with outyear budget gaps remaining over $5.3 billion in fy 2025, $3.65 billion in fy.

The fy 2024 budget in the january plan reflects an increase of $3.59 billion from the november estimates. Included in this law, is a new.