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Date Published:: 2022-12-01
Description:: 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
Agency:: Comptroller (COMP)
Subject(s):: Government and Accounting
Report Type:: Reports - Other (Consultant/Staff)

Date Published:: 2022-06-01
Description:: As of May 31, 2022, the cash balance stands at $7.632 billion, compared to $9.996 billion at the same time last year. This difference in balances is primarily due to the timing of Federal aid receipts, as described further below.
Agency:: Comptroller (COMP)
Subject(s):: Budget and Finance, Government, and Accounting
Report Type:: Reports - Quarterly

Date Published:: 2022-06-01
Description:: The City of New York began the third quarter of FY22 (hereafter 3Q22) with $6.513 billion in cash. By the end of the quarter the City had $8.961 billion, $3.111 billion lower than during the same time last year.
Agency:: Comptroller (COMP)
Subject(s):: Budget and Finance, Government, and Accounting
Report Type:: Reports - Quarterly

Date Published:: 2022-05-24
Description:: The City of New York is at a pivotal fiscal moment. Tax revenues for the current fiscal year are coming in far above projections, yielding a substantial surplus; however, neither the Mayor’s Office nor the Comptroller’s Office expect this trend to continue.
Agency:: Comptroller (COMP)
Subject(s):: Budget and Finance, Government, and Accounting
Report Type:: Budget / Finance

Date Published:: 2022-05-23
Description:: The creation of the Revenue Stabilization Fund in 2020 allows NYC to smooth revenue fluctuations between times of economic growth and decline.
Agency:: Comptroller (COMP)
Subject(s):: Budget and Finance, Government, and Accounting
Report Type:: Budget / Finance

Date Published:: 2022-03-02
Description:: The Preliminary Budget closes the $2.88 billion budget gap projected in November, on the strength of an expected $2.77 billion surplus in FY 2022, derived primarily from $1.60 billion in additional tax revenues and savings of $866 million from the Program to Eliminate the Gap (PEG).
Agency:: Comptroller (COMP)
Subject(s):: Budget and Finance, Accounting, and Government
Report Type:: Budget / Finance

Date Published:: 2022-03-01
Description:: On December 1, 2021, New York City’s unrestricted cash balance reached a seasonal low of $1.338 billion, compared to $2.143 billion in FY21 and $1.769 billion in FY20.
Agency:: Comptroller (COMP)
Subject(s):: Budget and Finance, Accounting, and Government
Report Type:: Budget / Finance

Date Published:: 2022-03-01
Description:: At the end of 2Q22, the City recorded an unrestricted cash balance of $6.513 billion. Typically, the lowest daily cash balance of a fiscal year occurs during the second quarter.
Agency:: Comptroller (COMP)
Subject(s):: Budget and Finance, Accounting, and Government
Report Type:: Reports - Quarterly

Date Published:: 2022-03-01
Description:: NYC Comptroller's Office statement of debt service, in accordance with Section 242 of the City Charter.
Agency:: Comptroller (COMP)
Subject(s):: Budget and Finance, Accounting, and Government
Report Type:: Other

Date Published:: 2021-12-21
Description:: 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.
Agency:: Comptroller (COMP)
Subject(s):: Government, Budget and Finance, and Accounting
Report Type:: Reports - Annual

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