Footnotes

1. NYC Budget Growth: Office of the New York City Comptroller, Comprehensive Annual Financial Report of the Comptroller for the Fiscal Year Ended June 30, 2018 (October 31, 2018), and fiscal year 2014 to 2017 editions; City of New York, Mayor's Office of Management and Budget, Executive Budget for Fiscal Year 2020, Financial Plan (April 25, 2019).
2. Full-Time and FTE Headcount: City of New York, Mayor's Office of Management and Budget, Financial Plan of the City of New York, Fiscal Years 2019-2023, Full-Time and Full-Time Equivalent Staffing Levels (April 25, 2019), and emails to Citizens Budget Commission staff (December 3, 2014; August 5, 2015; October 13, 2016; August 29, 2017; and August 13, 2018).
3. Potential Tax Revenue Shortfall from Recession: City of New York, Mayor’s Office of Management and Budget, Executive 2020 Financial Plan: Revenue: Fiscal Years 2019-2023 (April 25, 2019), and emails to Citizens Budget Commission staff (November 30, 2018 and December 4, 2018).
4. Largest Long-Term Liabilities: Office of the New York City Comptroller, Comprehensive Annual Financial Report of the Comptroller for the Fiscal Year Ended June 30, 2018 (October 31, 2018), and Fiscal Year 2018 Annual Report on Capital Debt and Obligations (December 1, 2017); and New York City Water and Sewer System, Combining Financial Statements (Together with Independent Auditors' Report): June 30, 2018 and 2017 (October 16, 2018).