This report, prepared by Hay Group, lists the demographics of the New York City Employees' Retirement System. It is organized by system/subgroup/department in categories, such as age, gender, and mortality rate.
This report includes specific details and analysis regarding the City's capital debt and obligations. It addresses the fact that New York City has a large amount of outstanding debt and great capital needs, but also comments on its overall strength in credit rating. Further included in this document are in depth analyses and data on the City's debt.
The City Record is the official journal of the City of New York. It is published each weekday except legal holidays and contains official legal notices produced by New York City agencies. Announcements published in The City Record include:
upcoming public hearings and meetings; procurement bid solicitations; selected court decisions; bid awards; public auctions and other property disposition actions; official rules proposed and adopted by City agencies.
Procurement bid solicitation notices afford vendors the opportunity to compete for New York City's $17 billion worth of contracts for various categories of goods and services for over 100 agencies and other governmental organizations.
An audit report was filed on November 28, 2011 on the Department of Finance's (DOF's) hotel room occupancy tax collection practices (HROTX). It was determined that DOF collected HROTX from 1,076 hotels totaling $374 million for the June 1, 2009 to May 31, 2010 tax year. However, several internal control weaknesses were noticed regarding HROTX collection practices as well as loose documentation of operations. Recommendations were made to rectify these issues.
An audit report was filed on November 7, 2011 on the Coney Island Development Corporation's (CIDC) financial and operating practices and its compliance with its EDC funding agreement. This audit determined whether CIDC accurately accounted for program funds and conducted its economic activities in accordance with the funding agreement. It was determined that EDC properly accounted for CIDC's revenues and expenses and conducted economic activities in accordance with the funding agreement. However, it was found that EDC paid $20,856 in inappropriate or questionable expenditures and could enhance the controls over CIDC's operations to ensure that all transactions are properly authorized and processed in accordance with procedures. Recommendations were made to rectify these issues.
An audit report was filed on November 4, 2011 on the Department of Homeless Services' (DHS) controls over billing and payments made to Aguila, Inc. It was determined that DHS did not adequately monitor Aguila's fiscal and operational performance. It was recommended that DHS keep closer monitoring on Aguila's operations and keep a more stringent check on its own.