Somebody forgot to tell New York the economy is crashing.
Even as the nation's financial woes worsen, cash is still rolling into city coffers, Mayor Bloomberg admitted Monday as he prepares to unveil a new budget.
The city is still on pace to rack up a $4 billion surplus this year - a welcome stash of money, but a slightly politically sticky situation for the mayor.
Bloomberg is trying to clamp down on spending to get ready for what he says will be tough times ahead, including imposing a hiring freeze and ordering several layers of cutbacks in city agencies.
He soon heads into budget negotiations with the City Council, which may have some other plans for the extra cash.
Mayor wary of surplus in budget