NY City Comptroller: the Purse of the City Jacques Léandre, Esq
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South East Queens County Young SEQCYD Democrats Executive Board Members JFK Airport Station Adrienne Felton P.O. Box 300324 Roy Paul Jamaica, New York 11430-0324 Tai White Email address: [email protected] Jerwaine Gorman Website: www.seqcyd.com Philip Craig Telephone No.: 347-470-5581 Managing Ambassador NY City Comptroller: The Purse of the City Jacques Léandre, Esq. The Office of Comptroller of New York City is the chief fiscal officer and Liaison Executive chief auditing officer of the city. The comptroller is elected, citywide, to a four- Kisha Walker year term and can hold office for three consecutive terms. The current comptroller is Democrat John Liu, formerly a member of the New York City Communication Executive Council. Liu was elected on November 3, 2009. Jordan Nichols The Duties of the Comptroller Constituent Services Committee Chair The New York City Comptroller, an independently elected official, is the Preston Baker Chief Financial Officer of the City of New York. The mission of the office is to ensure the financial health of New York City by advising the Mayor, the City Environmental Committee Chair Council, and the public of the City's financial condition. The Comptroller also Stephen Charles makes recommendations on City programs and operations, fiscal policies, and financial transactions. In addition, the Comptroller manages assets of the five Fundraising Committee Chair New York City Pension Funds, performs budgetary analysis, audits city agencies, Richard Nunez- registers proposed contracts, etc. His office employs a workforce of over 700 Lawrence professional staff members. These employees include accountants, attorneys, computer analysts, economists, engineers, budget, financial and investment analysts, claim specialists and researchers in addition to clerical and administrative support staff. View Powers & Duties under New York State Law. History The office was created as an appointive office in 1801, and in 1831, the Comptroller became head of the department of finance. In 1884 the office became elective, and in 1938 the comptroller became head of a separate, independent department of the City's government. Until it was found unconstitutional in 1989, the Comptroller served on the eight-member New York City Board of Estimate, which was composed of theMayor of New York City, the Comptroller and the President of the New York City Council, each of whom was elected citywide and had two votes, and the five Borough presidents, each having one vote. ENGAGING, EDUCATING, and EMPOWERING OUR COMMUNITY! If vacancies should simultaneously occur in the offices of Mayor of New York City and New York City Public Advocate (formerly President of the City Council or Board of Aldermen), the Comptroller would become Acting Mayor. These have been the three offices elected city-wide, so traditional practice has tried to balance a winning three-candidate ticket among the City's different ethnic, religious and political interests (and, more recently, between the sexes). But, while there is a delicate interaction between the campaigns for the three offices, the actual election results can sometimes differ quite markedly. (For examples of three such municipal tickets, see the article about Alan Hevesi). Bureaus Accountancy The Bureau of Accountancy (BOA) is responsible for all aspects of the City's accounting and financial reporting. Accountancy Home 1099 W9 Substitute Form FAQs Comprehensive Annual Financial Report Directives Fiscal Year End Closing Instructions Fiscal Year Calendar of Activities RFPs Contact Administration The Bureau of Administration manages the Comptroller’s Office operating and capital budgets as well as the full breadth of its human resource function, procurement and payment responsibilities, facilities management and support services. Asset Management The Bureau of Asset Management (BAM) assists the Pension Funds in selecting investment advisors and consultants. The Funds invest in a variety of asset classes, including U.S. and foreign equities and U.S. fixed income products. Asset Management Home Pension Funds Assets As Of Procurement Process Request for Proposals (RFP) Notice of Search (NOS)Shareowner Initiatives EFT Form Info FAQs Links Contact ENGAGING, EDUCATING, and EMPOWERING OUR COMMUNITY! Audit Our mission is accomplished by conducting audits and other analyses of City-funded operations in accordance with the New York City Charter, and by providing our findings and recommendations to those City managers and officials who are authorized and empowered to effect change. Audit Home RFPs Audits Annual Report Annual Report Archive CPA List Application GAGAS External Peer Review Links Contact Budget The Comptroller's Bureau of Fiscal and Budget Studies and Bureau of Financial Analysis monitor New York City's fiscal and cash position. The Budget Process New York City's Budget New York City's Economy The City's Cash Position RFPs Reports Links Contact Commercial Banking Since its inception, the Commercial Banking Division has embarked on a number of programs that will enhance the economic vitality of the city’s communities and help city residents better understand financial services. Commercial Banking Home Banking Development District Predatory Lending Links Contact Community Action Center Through CAC, residents, contractors, elected officials and City employees can get information about the public pension system, city contracts, procurement policy and information about filing claims. Community Action Home FAQs City Services Retiree Sevices En Español Contact ENGAGING, EDUCATING, and EMPOWERING OUR COMMUNITY! Community Relations The Office of Community Relations’ (OCR) primary function is to ensure that the general public has access to the services of the New York City Comptroller’s Office. Community Relations Home Contact Contract Administration The Comptroller's Office of Contract Administration (OCA) is responsible for reviewing all contracts, contract amendments, leases and concessions between City agencies and vendors to determine whether the agreement should be registered. Contract Administration Home Registration Process Reports Links Retroactive Contracts Contact Economic Development The mission of the Bureau of Economic Development is to leverage the authority and responsibilities of the Office of the Comptroller to create new and sustainable opportunities for the economic growth and development of the city of New York and its people. Economic Development Home Economically Targeted Investments (ETI) Reports Request For Proposals (RFP) Contact Us Engineering The Bureau of Engineering provides engineering assistance and serves as the Comptroller’s technical consultant on engineering matters. Engineering Home Reports Forms FAQs Links Contact ENGAGING, EDUCATING, and EMPOWERING OUR COMMUNITY! Information Systems The Bureau of Information Systems (BIS) is comprised of 11 divisions, providing customer support and technology leadership for the Office of the Comptroller. BIS is lead by the Comptroller’s Chief Information Officer (CIO) and is staffed by technology professionals with expertise in a wide array of disciplines. BIS maintains over 100 application software products that provide a full range of technology support for key business functions and Charter mandated responsibilities of the Comptroller’s Office. Information Systems Home The Greening of Technology Operations Technology Infrastructure Strategic Plan & Office Operations Reporting The Comptroller's Website Continuity of Business Operations Technology Transformation BIS Divisons Other Key Systems Supporting the Comptroller's Office RFPS Contacts Intergovernmental Relations The Bureau of Intergovernmental Relations (IGR) is charged with handling all of the legislative responsibilities on behalf of the Comptroller. Intergovernmental Relations Home Laws & Vetoes Comptrolller Duties Under State Law Legislative Summaries Letters and Memos of Support Legislative Proposals Links Labor Law The Comptroller’s Bureau of Labor Law enforces New York State Labor Law §220 and 230 and New York City Administrative Code §6-109. These laws require private sector contractors engaged in public work projects in the City of New York to pay no less than the prevailing wage to their employees for work covered by the statutes, as determined by this bureau. Labor Law Home New Legislation/Worker Notification Prevailing Wages- Worker Information Misclassification of Workers NewsletterSchedules Archived Schedules Order and Determination Forms Debarred Contractors List Links Contact Law & Adjustment ENGAGING, EDUCATING, and EMPOWERING OUR COMMUNITY! The Comptroller's Bureau of Law and Adjustment adjusts personal injury and property damage claims filed against the City of New York. BLA also handles contract disputes with companies that do business with the City. Law & Adjustment Home Filing Claims Manually Filing Claims Electronically Llenar Solicitud Por Medio Del Internet A TravÉs De eClaimFiling Tort Claims RFP & BID En Español Claim Fraud Annual Report Contact Policy Management The Office of Policy Management analyzes specific issues and trends connected with a broad array of City policies, and provides policy options for the Comptroller so that he may participate effectively in setting municipal priorities. Policy Management Home Public Benefit Agreements Reports Education Health Housing Transportation Contact Planning Press Office It is the job of the Comptroller’s Press Office to disseminate information and reports produced by the Comptroller’s Office. Press