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Document / 151 pages

World Trade Center records folder, 2001

Machine-extracted title · confidence 65%

Records folder index from Mayor's office covering World Trade Center administrative materials.

NYC-WTC_000136391–000136541

Folder label: “Folder 138

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Scanned page image, NYC-WTC_000136434
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OCR status: ok · source: pdftotext

NYC 9/11 Public Portal Document

Budget Stabilization Assistance fiscal_assistance 9(21(01

A. Transitional aid based on loss of property tax (or equivalent) for approximately 25 million sq ft destroyed or rendered uninhabitable. B. Transitional aid based on the dislocation of an estimated 44,000 workers. (WTC jobs lost or relocated and the multiplier effects of that loss) C. Transitional aid based on the losses to Tourism (40% reduction in hotel tax and sales tax on "other visitor spending") The funding would be required this fiscal year and would phase down over 10 years as new replacement space is developed.

S's millions A B C Total Phase-out 2002 $ 185 $ 110 $ 288 $ 583 100% 2003 $ 185 $ 110 $ 288 $ 583 100% 2004 $ 148 $ 88 $ 230 S 466 80% 2005 S 148 $ 88 $ 230 $ 466 80% 2006 $ III S 66 $ 173 $ 350 60% 2007 $ III $ 66 $ 173 $ 350 60% 2008 $ 93 $ 55 $ 144 5 292 50% 2009 $ 74 $ 44 $ 115 $ 233 40% 2010 $ 56 $ 33 $ 86 $ 175 30% 2011 $ 37 $ 22 $ 58 $ 117 20%

Total 1147.0 682.0 1785.6 3614.6

Economic Stabilization and Recovery Program

This program will cover the increased annual occupancy costs and one-time relocation expenses.

A.Three year as of right relocation assistance program for businesses which relocate within the City. B. Revolving Loan Program

$'s millions A. B. Total 2001 $ 550 $ 50 $ 600 2002 $ 275 $ 275 2003 $ 137 $ 137 Total $ 962 $ 1,012

NYC-WTC 000136434

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NYC-WTC_000136434Source: NYC Law Department, mirrored locally

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