Budget Plans
New York City Financial Plan
Are total revenues growing faster or more slowly than expenditures? Show the annual growth rates for revenues and expenditures in a table.
The expenditures and taxes are in sync for the first two years of the table (2012 and 2013) but the expenditures outstrip taxes by about 2500-3000 a year after that, for years 2014, 2015 and 2016. As requested, here are the annual growth rates analyzed
Tax Revenue
Growth %
Expenditures
Growth %
As noted before, the rate of growth from 2012 of 2013 is identical, so the two figures remain in sync. There is a sharp rate of increase in for expenditures in 2014 with a fractional change with revenue. The tax revenues then slows in terms of growth and the tax revenue starts to over-take the rate...
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