Prepared by the Comptroller of New York City, William C. Thompson, Jr., and his colleagues, this 65-page report offers an intensive look into the short and long term economic impact of 9/11 on the city. Along with looking at the loss of human capital and potential as a result of these events, the report details the impact on the city's budget, cash balances, and the impact of the federal aid administered by the Federal Emergency Management Association (FEMA). The report contains many helpful tables, including ones detailing the estimated loss in gross city product, the decline in property taxes, and the resulting impact on the city's pension expenses. One of the final sections also contains material on the economic stimulus package that is currently in place to aid in rebuilding the economic vitality of Lower Manhattan.
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