Comptroller Brad Lander and Public Advocate Jumaane Williams and a majority of New York City elected officials urged the federal government to accelerate funding to municipalities to support arriving asylum seekers.
Comptroller’s Office analysis of the FY23 Preliminary Budget (PowerPoint) Federal Stimulus Funds Tracker , Focus on the Basics, Invest for a More Inclusive Recovery, Build a More Resilient City
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).
New York City’s current property tax system is notoriously opaque, unfair, and regressive. For the past four decades, rather than dealing with its structural flaws, New York State has layered on a patchwork of exemptions and abatements to lower tax rates for various owners.
Advancing the vision of a smaller, safer and fairer jail system remains one of the City’s most pressing challenges and will necessitate collective action on the part of all criminal legal system stakeholders.
Since the moment COVID-19 arrived in New York City, the burden of the pandemic’s many challenges have fallen heaviest on women, especially women of color.
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.
Fiscal Year 2023 begins in a period of significant economic uncertainty. There are meaningful signs of continued recovery from the pandemic, with jobs at 96% of pre-pandemic levels, tourism and Broadway rebounding, record numbers of new business applications, and tax revenues coming in...
A quarterly cash report for New York City. At the close of FY 2022 (on June 30, 2022), the City recorded the end-of-year cash balance of $8.159 billion, compared to $8.469 billion a year ago. Daily cash balances during FY22 averaged $7.524 billion, $831 million below the prior year’s number.
Between August 30 and September 8, 2022, Comptroller’s Office Audit Bureau staff visited 262 NYCHA developments and conducted a review of building entry door security. This report delivers findings and recommendations.
Audit to determine whether the Educational Construction Fund (ECF) had adequate oversight over the lessees’ compliance with the leases and other relevant agreements and that lessees paid ECF in accordance with the terms of the Lease Agreements associated with the East 57th Street project.
The objective of this audit was to determine the extent to which the 13 recommendations made in the Audit Report on the New York City Department of Buildings’ (DOB) Controls over Field Inspectors (Audit # MD18-078A), issued on December 21, 2018, have been implemented.
This report analyzes progress on resiliency capital spending to date, after Superstorm Sandy. The report goes on to provide a snapshot of the property values, land uses, and essential infrastructure in the coastal floodplain, illustrating the range of critical assets at risk.
For the 10-year anniversary of Superstorm Sandy, the Office of the New York City Comptroller and Urban Ocean Lab partnered on an assessment of community-led climate resilience initiatives that developed in the wake of the storm.
Analysis of Student Allocation Memorandum 65 to assess what is currently known about where students from families seeking asylum have enrolled in school and the budgets of those schools, and to prompt strategic thinking about the resources and attention necessary to help these students succeed.