Office of the New York City Comptroller - New York, NY

The Chief Accountability Officer of New York City

Fiscal Oversight and Auditing

• The Office of the Comptroller serves as the Chief Financial Officer for New York City, tasked with ensuring the fiscal health and integrity of the municipal government.
• Audit Bureau: Conducts performance and financial audits of all city agencies to root out waste, fraud, and abuse, ensuring tax dollars are spent efficiently.
• Claims Administration: Manages the settlement of claims filed against the City of New York, including personal injury and property damage disputes.
• Budgetary Analysis: Provides independent analysis of the City’s budget and economy, issuing reports on the financial impact of policies.

Pension Fund Management

• Asset Management: The Comptroller acts as the investment advisor and custodian for the five New York City public pension funds, managing assets totaling over $240 billion.
• Safeguards the retirement security of hundreds of thousands of city employees, retirees, and beneficiaries through strategic investments and corporate governance.

Labor Law and Prevailing Wage

• Bureau of Labor Law: Sets and enforces prevailing wage rates for workers on public works projects and building service employees in city-leased buildings.
• Investigates complaints of wage theft and debarment of contractors who violate labor laws.

Public Finance and Bonds

• Issues and manages municipal bonds to finance the City's capital projects, such as schools, parks, and infrastructure.
• Maintains the City's credit rating and relationships with investors to ensure low borrowing costs.

Visitor Information

• Located in the historic David N. Dinkins Municipal Building at 1 Centre Street.
• Visitors typically attend for hearings, bid openings, or specific appointments related to claims and contracts.
• Valid government-issued photo ID is required for entry into the building.