NEW YORK (Reuters) - Revenues from two New York City real estate taxes fell sharply in the first nine months of the budget year, the city comptroller said on Tuesday, offering fresh evidence of the impact of Wall Street's troubles on the local economy.
But the city's total tax collections still are running about $800 million more than Mayor Michael Bloomberg projected in January, according to a source familiar with the data.
This surplus makes it tougher for the independent mayor to clamp spending.
New York City 2010
