At the end of the third quarter of FY19 (hereafter 3Q19), the City recorded an unrestricted cash balance of
$10.895 billion, $942 million above last year’s figure.
Economic Growth Continues In Q2 2019. Solid job growth; unemployment rates at near record low. Labor force participation rate and employment-to-population ratio remain at near record highs.
The table represents the NYC Comptroller's Office statement of debt service, in accordance with Section 242 of the City Charter, which requires that the Comptroller submit a certified statement of debt service and a schedule of appropriations for the ensuing fiscal year for debt service.
Debt for the City of New York (the “City”) has grown from $4,923 per capita in FY 2000 to $10,399 per capita in FY 2018, an increase of 111 percent. Over the same period, New York City personal income grew by 109 percent and New York City local tax revenues by 166 percent.
City of New York’s Comprehensive Annual Financial Report (CAFR) for Fiscal Year 2019. 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).
Detailed analysis of NYC's cash balance projection as of June 2018, outlining expected cash balances in the NYC central treasury from June 1 to September 28, 2018, and incorporating guidance provided in the FY19 Executive Budget.
This report aims to analyze the length of time it took to register a City contract in Fiscal Year 2017, and in particular, to take a closer look at the prevalence of contracts being registered after the start date of the contract has passed.
Comptroller's Office's analysis and comments on New York City's Fiscal Year 2019 Executive Budget including revenue forecasts and expenditure estimates
Released every 3 months, the Comptroller’s Quarterly Economic Update tracks New York City’s economic health and analyzes its economy in a national context. It includes information on economic indicators including growth, unemployment, average wages, business activity, and real estate transactions.
Agency Watch List spotlights City agencies – the Department of Correction (DOC), Department of Education (DOE), and Homeless Services (DHS) – that raise the most budgetary concerns due to rapidly increased spending and meager measurable results.
Agency Watch List spotlights City agencies – the Department of Correction (DOC), Department of Education (DOE), and Homeless Services (DHS) – that raise the most budgetary concerns due to rapidly increased spending and meager measurable results.
Agency Watch List spotlights City agencies – the Department of Correction (DOC), Department of Education (DOE), and Homeless Services (DHS) – that raise the most budgetary concerns due to rapidly increased spending and meager measurable results.
A report estimating the impact that Airbnb listings have had on neighborhood rents in New York City, which were disproportionately high in portions of Manhattan and Brooklyn.
This report provides an estimate of the fiscal impact of legalizing adult-use marijuana sales in NY. The estimated legal, adult-use marijuana market of $1.3 billion could conservatively yield annual tax revenues of as much as $1.3 billion total at the State and City levels.
The Comptroller’s assessment of the 2019 adopted budget and financial plan, including notable developments - the NYCHA consent decree with the U.S. Attorney for the Southern District of New York, and the recent labor settlement with District Council 37 (DC37) union.