As part of their tuition payments, full-time and part-time students pay $55 and $20, respectively, in student activity fees per semester for student government and other student activities.
This audit was conducted to determine whether New York City (City) Health + Hospitals (H+H)[1] ensures that its facilities comply with applicable inventory rules and guidelines regarding its management of personal protective equipment (PPE) and other medical surgical supplies.
The audit makes several recommendations that will improve DANY’s controls over its office equipment inventory. These appear in the body of this report.
Audit scope period, Fiscal Years 2019 and 2020, the Bronx County DA, BCDA, the objective of this audit was to determine whether the BCDA maintained adequate fiscal controls over its Personal Services (PS) expenditures.
This Letter Report concerns the New York City (City) Comptroller’s audit of the purchasing practices of the Independent Budget Office (IBO). The audit found two areas in which the IBO’s practices did not comply with applicable Comptroller’s directives...
The seventh New York City Popular Annual Financial Report (PAFR). The PAFR is meant to condense and consolidate crucial financial information otherwise presented in our 500-page Annual Comprehensive Financial Report (ACFR).
This audit found that New York City Police Pension Fund’s (PPF’s) has established control procedures to detect and prevent improper pension benefit payments to or in the names of deceased recipients. The audit found two deficiencies in PPF’s control procedures.
The audit scope period, Fiscal Years 2019 and 2020 (July 1, 2018 through June 30, 2020), Queens County DA, the QCDA, the objective of this audit was to determine whether the QCDA maintained adequate fiscal controls over its Personal Services (PS) expenditures.
The Queens County Public Administrator (QCPA) did not consistently comply with Internal Revenue Service (IRS) requirements for collecting and validating vendors’ tax information and IRS requirements for reporting income that it disbursed to several employees.
The City began 1Q22 with $8.469 billion in cash-on-hand, compared to $6.627 billion opening balance last year. Total receipts in the quarter rose 9.3%, while expenditures increased 10.8%. Overall, cash receipts exceeded cash expenditures by $333 million in 1Q22.
The Department of Finance (DOF) is responsible for administering the Senior Citizen Homeowners’ Exemption (SCHE) Program which provides a partial property tax exemption for senior citizens who own one, two, or three family homes, condominiums, or cooperative apartments in New York City (the City).
This audit found that EDC did not disclose over $224 million in expenditures as ferry-related in its audited financial statements and that EDC understated the City’s subsidy for the ferry operations by $2.08, $2.10, $3.98 and $4.29 for Fiscal Years 2018, 2019, 2020, and 2021, respectively.
This audit was performed to assess the New York City Department of Transportation’s (DOT’s) procurement of the Brooklyn Bridge Rehabilitation of Approach Spans and Ramps and Painting of the Entire Bridge contract (Contract No. 20100016889 or Contract No. 6) ...
Although Verizon promptly remitted monthly 911 surcharges to DOF, the auditors were unable to determine whether Verizon billed and collected the 911 surcharge from all customers required to pay the surcharge, or whether Verizon paid all 911 surcharge revenues that it collected from customers to DOF.
The City began FY 2023 (FY23) with $8.159 billion in cash-on-hand, versus $8.469 billion at the same time last year. During the first half of fiscal year 2023 (1H23), the City’s cash balances averaged $8.126 billion, compared to $7.274 billion at the same time last year.
The U.S. economy continued to rebound in the first three quarters of 2021 after the dramatic economic contraction and rebound of 2020, growing at a rate of 5.7 percent. Growth early in the year was boosted by the $1.9 trillion American Rescue Plan Act, passed into law in March.
The Audit Bureau is required by the City Charter to perform audits in accordance with Generally Accepted Government Auditing Standards (GAGAS). These standards are established by the Comptroller General of the United States in conjunction with the Government Accountability Office (GAO), and are foun
The City of New York’s (the “City”) debt finances the capital maintenance and upkeep of an infrastructure that must accommodate not only 8.8 million City residents but also, in a typical year, hundreds of thousands of daily commuters and millions of tourists annually.