In 1985, Housing Preservation and Development received permission from the New York City Department of Finance to establish a bank account in order to make loans
available to homeowners through the 8A Loan Program which was originally federally funded.
The New York City Board of Elections is reponsible under New York State Election Law for all matters associated with voters and Election Day operations throughout the five boroughs of New York City
. The objective of this audit was to determine whether BOE's procurement practices comply with applicable City rules and regulations.
New York City is required to adopt a balanced budget at the beginning of each fiscal year. In addition, the City is required to present a financial plan for the subsequent
three fiscal years. It is commonplace for the outyears of the Financial Plan to be out of balance until such point at which the City Charter mandates that they be brought into
balance.
This audit determined the adequacy of the Department of Education's payment and contract management controls concerning the provision of food
distribution services.
An audit report was filed on December 5, 2011 on the Department of Park's and Recreation's controls over the awarding of concessions. It was determined that Parks needed to improve management of its concession solicitation and award process to ensure that: contracts are executed in a timely manner, concessions are enabled to continuously operate, viables bids and proposals are accepted, and solicitations are competitive. It was recommended that Parks tighten its operations and improve its oversight so that concessions are appropriately handled and awarded.
This report covers the Hay Group's review on the processes, procedures, systems, and database to ols used to collect and manage data, the Retirement System's recordkeeping practice and database, and the implementation status of recommendations resulting from previous Administrative Reviews.
This report, submitted by Hay Group, summarizes the funding of the New York City Retirement Systems (NYCRS). Based on experience studies, audits, reviews and evaluations, the NYCRS is being funded on sound financial, scientific and legal bases in order to attain the City's financial objectives.
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, submitted by Hay Group, summarizes the findings pertaining to the audit conducted on Employer Contribution Calculations for Fiscal Year 2010. The contributions, overall, have been accurately determined, using sound assumptions and methodologies, and in accordance with accepted standards and practices.