Shortly before 10:30 p.m. Thursday, New York City had a budget for fiscal 2013 in place, on time for the 11th straight year.

The new fiscal year begins Sunday. Comptroller John Liu was expected to certify the budget on Friday as part of his mandate in the city charter.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.