This Report, which is prepared by the Comptroller’s Office and reviewed by the Proxy Committee of each system, serves as the annual Proxy Committee Postseason Report (“Postseason Report”) to each system’s Board of Trustees
The Identifying Information Law requires City agencies to submit comprehensive biennial agency reports (Form 3). This document is related to the City Comptroller's collection, disclosure, and retention of identifying information and privacy protection practices.
This report compares traditional defined benefit (DB) pension plans with 401(k)-type defined contribution (DC) retirement savings plans. DB plans are generally secure, predictable and efficient, but may prove to be a bigger economic burden than DC plans.
Committed to making substantial reforms early on in their administrations and working collaboratively to address these challenges, Mayor Adams and Comptroller Lander announced the establishment of the Task Force on Nonprofit Contracting (“Task Force”) convened as a part of the transition process.
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.