Payments to STARC / NYCskip breadcrumbs
This local assistance appropriation is required pursuant to Section 3238-a of the Public Authorities Law and is related to the refinancing of prior New York City Municipal Assistance Corporation debt by the Sales Tax Asset Receivable Corporation (STARC), a local development corporation established by the City of New York.
The Executive Budget recommends $170 million for the Corporation. This is unchanged from the 2013-14 budget.
|Aid To Localities||170,000,000||170,000,000||0||0|
Note: Most recent estimates as of 01/20/2014