New York City’s race for comptroller has been heating up, as more people run to become the city’s top accountant – although there’s more to the job than just crunching numbers. I am a City of Buffalo employee. They are also expected to certify the budget, along with the mayor and the city clerk. This position is also responsible for conducting audits on NYC agencies, manages the five NYC pension funds, and analyzes budgets. The audit and control department's regulations are compiled in title 2 of the New York Codes, Rules and Regulations.. History. The State of New York, its officers, employees, and/or agents are not liable to you, or to third parties, for damages or losses of any kind arising out of, or in connection with, the use or performance of such information. The New York State Comptroller is a state cabinet officer of the U.S. state of New York and … [25][26], The 2021 New York City Comptroller election will consist of Democratic and Republican primaries on June 22, 2021, followed by a general election on November 2, 2021. Former New York Gov. The Office of the Comptroller does several things, but its chief responsibilities are to prepare audits and oversee how city agencies are spending their money, manage the city’s public pension funds — the largest in the world at $224.8 billion as of October, Stringer’s office says — and issue bonds to help pay for large projects. Buffalo, NY 14202 Phone: 716-851-5255 Fax: 716-851-4031 Quick Links. [3][4][2][5][6][7] The funds collectively amounted to $240 billion in assets under management as of 2020, the fourth-largest public pension plan in the US. The Comptroller’s responsibilities include: Economy news. [23] Stringer won the general election with 80% of the vote, as Burnett had 17% of the vote, the Green Party's Julia Willebrand had 2% of the vote, and El-Meligy had 0.5% of the vote. Just about everyone has heard the term "comptroller," but most people have no idea what it means, or even how it's pronounced. The Office of the State Comptroller does not warrant, promise, assure or guarantee the accuracy of the translations provided. Supervises and supports the accounts payables, payroll processing, billing and receipting functions of the mission. We can disseminate money … The Comptroller also "is the custodian and investment advisor to the Boards" of the five pension fundsof the city, which are collectively referred to as "NYC Public Pension Funds" or "New York City pension funds". The cliché is that the Comptroller is New York City's Accountant, but what exactly does the Comptroller do? Average salaries for New York City Office of the Comptroller Comptroller: $27,926. [8], 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. This appointed or elected official has all of the following responsibilities: Advertisement New York City residents will vote for more than just a new mayor in the June primaries and November general election. Vote. As of 2021, the Comptroller had a staff of 800 people, and a budget of over $100 million. [9] The Comptroller serves as a check on the mayor, and is arguably the second most important elected official in New York City after the mayor. McMahon is a go-to expert on budget plans and policy proposals. Our internship program was made up of college students. I am a City of Buffalo employee. 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