The Office of the New York City Comptroller serves as investment advisor, custodian, and trustee for the five New York City public pension systems (collectively referred to as “the Systems”).
The Identifying Information Law requires City agencies to submit comprehensive biennial agency reports related to their collection, retention, and disclosure of identifying information and their privacy protection practices.
While the audit found that the New York City Board of Elections (BOE) generally fulfilled its obligations to issue absentee ballots for the 2022 General Election as required under the New York State Election Law, it also found significant areas that need improvement.
City government has a crucial role to play in managing emergency response to severe storms and flooding, from communicating emergency alerts to cleaning catch basins to building more resilient infrastructure. It is critical that we pay sharp attention to these issues to ensure our city is as prepare
The FY 2025 Adopted Budget has $4.75 billion budgeted for Asylum Seekers. Assuming that the census remains relatively flat (compared to OMB’s higher projections), and using the target per diem of $335, the Comptroller’s Office projects that overall costs will be closer to $3.42 billion.
Lengthy court case processing times have grown worse in recent years and are contributing to DOC’s increased jail population. Aligning with national standards would save up to $877 million annually and help NYC achieve its commitment to close Rikers Island.
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.
The deficiencies identified during the audit extend to collaboration between DPR divisions and the DOT, underscoring the need for internal improvements and better coordination between agencies.
The audit found that the New York City Police Department (NYPD) ensures that the billing, invoices, and payments to ShotSpotter are accurate, and that ShotSpotter generally meets its currently specified contractual obligations.
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.
Governor Hochul announced an “indefinite pause” to the implementation of the Central Business District Tolling Program, also known as congestion pricing.
Following the onset of the COVID-19 pandemic, the size of the City’s full-time workforce began to decline considerably from a pre-pandemic high, and the City has since struggled to retain and recruit employees
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
DHS Docket No. USCIS–2024–0002, Temporary Increase of the Automatic Extension Period of Employment Authorization and Documentation for Certain Employment Authorization Document Renewal Applicants
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.
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.
In October 2023, the Adams’ Administration announced that it would implement a new policy limiting shelter stays for newly arrived families with children to 60 days. Previously, families with children in the shelter system had not faced time limits for eviction from shelter.
This report showcases an evidence-based approach for one viable, potentially cost-effective solution for compliance with the class size mandates that centers diversity, equity, and excellence for all students
The report evaluates the City’s storm operations, interagency coordination,
public communications, community preparedness, and long-term projects and plans to manage
stormwater.
This follow-up audit found that the 47th Street Business Improvement District (BID) partially implemented nine recommendations and did not implement the remaining 14 recommendations.
This report highlights the potential economic benefits of the New York State Access to Representation Act (S.999/A.170) and of providing immigration legal services to asylum seekers in City shelters
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.
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.
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.
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).
New York City’s economy faces perhaps some more difficult challenges than the nation at large, as the city’s highest paying sectors have been undergoing some job-reducing restructuring over the past year
On December 1, 2023, New York City’s unrestricted cash balance reached a seasonal low of $5.223 billion, compared to $3.966 billion in FY23 and $1.338 billion in FY22. The cash total includes the Revenue Stabilization Fund (RSF) balance of $1.959 billion.
In The Bottom Lines, we take a look at a select set of agencies that were not spared from budget cuts, many of which have seen measurable declines in the quality or quantity of service they are able to deliver to the people of New York.
This audit identified areas in which DPR could improve its oversight of its recreation centers to help ensure that equipment is maintained in satisfactory condition.
Contracting is a powerful tool to achieve New York City’s goals and priorities – and the City has the power to use contracting strategically to make investments that support a vibrant, sustainable, and equitable City.
The focus on the city’s housing supply challenge. One of the primary drivers of high rents is an excess of demand over supply—or, put more simply, a supply shortage.
New York City’s housing challenges have shifted from abandonment and disinvestment to gentrification and skyrocketing rents – the NYC Department of Housing Preservation and Development has financed the development and preservation of hundreds of thousands of affordable homes
The audit found that the Department of Health and Mental Hygiene’s (DOHMH) Intensive Mobile Treatment (IMT) program has mixed success in effectively servicing clients who have been poorly served through traditional mental health treatment models.
Among the greatest challenges facing New York City’s economy is the availability and affordability
of housing. Economic growth and stability in NYC depend upon the ability for workers and others
wishing to move into or within the city to find housing they can afford.
Among the greatest challenges facing New York City’s economy is the availability and affordability
of housing. Economic growth and stability in NYC depend upon the ability for workers and others
wishing to move into or within the city to find housing they can afford.
As the chief fiscal officers of New York City and Chicago we are writing to request the Department of Homeland Security (DHS) provide flexibility in the documentation requirements under the Shelter and Services Program (SSP) so that our cities may unlock all of the federal funds awarded to our juris
The audit found that the Kingsbridge Business Improvement District (BID) provides supplemental services, including sanitation services, holiday lights and seasonal decorations, marketing and special events, and streetscape and beautification.
migrant families with children staying in the City’s shelters would begin receiving 60-day notices, informing them that they are required to find alternative shelter.
As New York City welcomes over 100,000 new arrivals seeking asylum, it is critical to ground conversations on immigration in facts, not fear. This fact sheet seeks to provide accurate information on key questions.