New York City agencies are looking at possible public-private partnerships, but privatization isn’t a panacea for fiscal challenges, a senior city official said Tuesday.

“I’ve asked the question to all the major agencies: 'Are there ways to more effectively deploy capital?’ ” said deputy mayor for operations Stephen Goldsmith. “There may be some opportunities in water and power, there may be some opportunities in buildings … I’ve asked them to inventory and think about this more aggressively and they’re coming up with potential lists.”

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