This report summarizes the City's fiscal state and standing as Fiscal Year 2013 comes to end. The City's economy continued to expand throughout the year, with employment reaching an all-time high. However, the City's unemployment rate remains high and wages have not kept up with inflation. Overall, throughout the year, growth in the local economy has been hampered by the lacking national economy.
The NYC water and sewer system is a network of watersheds, reservoirs, tunnels, aqueducts, water mains, sewers, treatment plants, and pumping stations. The DEP did not maintain accurate and reliable
accounts receivable data in the Customer Information System.
Under the franchise agreement, Verizon is to operate and maintain a cable system and deliver cable service throughout New York City. The agreement also requires Verizon to pay the City a franchise fee
equal to five percent of gross revenue, which includes all subscriber revenues net of bad debts plus late fee charges, advertising revenues, commissions on subscriber home shopping purchases,
and other miscellaneous items.
This audit determines whether Navigant Consulting Inc. appropriately billed the Department of Education for its services and performed its responsibilities required by the Stipulation and Agreement of Settlement.
The City Record is the official journal of the City of New York. It is published each weekday except legal holidays and contains official legal notices produced by New York City agencies. Announcements published in The City Record include:
upcoming public hearings and meetings; procurement bid solicitations; selected court decisions; bid awards; public auctions and other property disposition actions; official rules proposed and adopted by City agencies.
Procurement bid solicitation notices afford vendors the opportunity to compete for New York City's $17 billion worth of contracts for various categories of goods and services for over 100 agencies and other governmental organizations.
This audit determines the adequacy of the operating practices of the City University of New Yok's Audit Literacy/General Educational Development Program.