Together, with $1.5 billion in additional tax revenue, which the mayor’s Office of Management and Budget believes the city can set aside in 2023, the city may have as much as $4.8 billion in additional tax revenue to either spend or save in the next two years.



“It’s a windfall,” said Ana Champeny, vice president of research at the Citizen’s Budget Commission, a fiscal research and advocacy nonprofit. “It’s like the city winning some kind of lottery.”