The City of New York’s Comprehensive Annual Financial Report (CAFR) for Fiscal Year 2018. This
report, shows that The City of New York (City) completed its Fiscal Year with a General
Fund surplus, as determined by Generally Accepted Accounting Principles (GAAP), for the 38th consecutive year.
Presentation of the audit report on New York City Health + Hospitals’ Oversight of its certain assisting organizations that furnish financial support for Health + Hospitals through various fundraising activities.
Presentation of the audit of New York City Board of Education Retirement System’s controls over the identification of improper benefit payments to deceased recipients.
Presentation of the audit report of New York City Department of Environmental Protection to verify whether the agency is properly managing the exemption from water and sewer charges granted to property owners and demanding property owners to recertify for the exemption.
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...
FY22 began with $8.469 billion in cash-on-hand, compared to $6.627 billion in the beginning of FY21. However, the gap between current cash balances and prior year cash balances quickly disappeared, and FY22 cash balances have been running close to year-ago levels ever since.
The objective of this audit was to determine whether the City’s Department of Finance (DOF) has controls in place to ensure that: (1) DOF can readily identify all Service Providers subject to the law’s requirement to collect the 911 surcharge...
The City of New York can ensure that NYC remains a place that people want to build families, start businesses, and create new ideas by investing in high quality public education from pre-K to university, universal child care, robust public transit, and affordable housing