New York City Comptroller

Common card · No. 282092

The Office of Comptroller of New York City, a position established in 1801, is the chief financial officer and chief auditor of the city of New York and its agencies. Informally known as "the city's accountant", the New York Times has called the comptroller "one of the most important and least recognized jobs in the city". In addition to auditing city agencies' performance and preparing whole of government financial reports, the comptroller also reviews all city contracts, handles the settlement of litigation claims (amounting to $975 million in 2019), issues municipal bonds, and manages the city's very large pension funds ($240 billion in assets under management as of 2020). The comptroller is elected citywide to a four-year term, and can hold office for two consecutive terms. As of 2021, the comptroller had a staff of 800 people, and a budget of over $100 million. If vacancies were to occur simultaneously in the offices of Mayor of New York City and New York City Public Advocate, the...

Read on Wikipedia · Image Archutch, CC BY-SA 4.0