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Date Published:: 2024-07-11
Description:: The June 2024 forecast preceded the Fiscal Year 2025 Adopted Budget Agreement which included several changes from the City’s Executive Plan (released in April) that had implications for the year-end Cash Balance.
Agency:: Comptroller (COMP)
Subject(s):: Data and Communications, Government, and Budget and Finance
Report Type:: Other

Date Published:: 2024-06-20
Description:: the city school district’s education expense and capital funding plans do not provide sufficient funding to reduce class size as required by state law.
Agency:: Comptroller (COMP)
Subject(s):: Government, Budget and Finance, and Education
Report Type:: Press Releases

Date Published:: 2024-06-07
Description:: At more than $110 billion annually, New York City’s operating budget is the largest municipal budget in the country by far, and is larger than the budgets of all but four states
Agency:: Comptroller (COMP)
Subject(s):: Government and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Date Published:: 2024-06-01
Description:: Despite elevated inflation and interest rates, the NYC economy is continuing to grow at a moderate pace and the City’s revenues are up primarily due to strong property, business, and sales taxes, and due to non-recurring Covid relief funds.
Agency:: Comptroller (COMP)
Subject(s):: Budget and Finance and Government
Report Type:: Reports - Annual

Date Published:: 2024-05-22
Description:: Most of the Mayor’s increase in projected tax revenues over the five-year April Financial Plan period comes from upward revisions to the City’s income taxes (business and personal) and real-estate transaction taxes.
Agency:: Comptroller (COMP)
Subject(s):: Government and Budget and Finance
Report Type:: Audit Report

Date Published:: 2024-04-16
Description:: Under the New York City Charter, the Comptroller has the power to settle or adjust all claims in favor of or against the City.
Agency:: Comptroller (COMP)
Subject(s):: Government and Budget and Finance
Report Type:: Reports - Annual

Date Published:: 2024-03-15
Description:: The results of the audit have been discussed with OMB officials, and their comments have been considered in preparing this report. OMB’s complete written response is attached to this report.
Agency:: Comptroller (COMP)
Subject(s):: Government and Budget and Finance
Report Type:: Reports - Annual

Date Published:: 2024-03-15
Description:: New York City’s annual infrastructure survey report estimated in 2020 that the maintenance costs of the Riverside Park Bridge W. 79th Street Traffic Circle would be $76 million. When the project went to bid just a few months later, the actual cost was almost double that, at $149.9 million.
Agency:: Comptroller (COMP)
Subject(s):: Budget and Finance, Infrastructure, and Government
Report Type:: Reports - Other (Consultant/Staff)

Date Published:: 2024-03-14
Description:: New York City government’s statutory debt limit is set by the New York State Constitution. The City is permitted to incur indebtedness to execute its capital projects up to a maximum tied by the State Constitution to a fraction of, conceptually, the value of real estate in New York City.
Agency:: Comptroller (COMP)
Subject(s):: Government and Budget and Finance
Report Type:: Reports - Other (Consultant/Staff)

Date Published:: 2024-03-05
Description:: The New York City Department of Education (DOE) provides early childcare and education services to children, from birth to five years old, who live within the City. These early childhood services may be provided by DOE or other alternatives, such as contracted Community Based Organizations (CBO).
Agency:: Comptroller (COMP)
Subject(s):: Budget and Finance, Education, and Government
Report Type:: Audit Report

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