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Payments to STARC / NYC

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ALL FUNDS APPROPRIATIONS
All amounts are in dollars
Category Available
2008-09
Appropriations
Recommended
2009-10
Change From
2008-09
Reappropriations
Recommended
2009-10
Aid To Localities 170,000,000 170,000,000 0 0
Total 170,000,000 170,000,000 0 0

Note: Most recent estimates as of 12/16/08.

Mission

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.

2009-10 Executive Budget — Agency Presentation
Miscellaneous Agencies (PDF)