New York City will end its fiscal year this month with a $6.5 billion surplus, state Comptroller Thomas DiNapoli projected last week in a review of the city’s financial plan.

“The city continues to manage its finances in a fiscally prudent manner and that has enabled the mayor to propose a balanced budget for fiscal year 2009 that is based on reasonable assumptions,” DiNapoli said in a press release. “While the 2010 budget gap appears manageable with more than one year before the start of that fiscal year, the gaps projected for fiscal years 2011 and 2012 present a greater challenge. Much will depend on the depth and the duration of the national and local economic slowdowns.”

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