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Oversees the New York City Sheriff's Office, which acts as DOF's law enforcement division and the City's chief civil law enforcement agency. Through the Mayor's Office of Pensions and Investments, the Department of Finance also advises the Administration on the City's $160 billion pension system and $15 billion deferred compensation plan.
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 comptroller would become acting mayor. The current comptroller is Democrat Brad Lander. He was elected in 2021.
The government of New York City, headquartered at New York City Hall in Lower Manhattan, is organized under the New York City Charter and provides for a mayor-council system. The mayor is elected to a four-year term and is responsible for the administration of city government.
The Sheriff's Office (Sheriff) is the primary civil law enforcement agency of New York City and the enforcement division of the New York City Department of Finance. The Fire Department (FDNY) provides fire protection, technical rescue, primary response to biological, chemical and radioactive hazards, and emergency medical services.
Deferred compensation is an arrangement in which a portion of an employee's wage is paid out at a later date after which it was earned. Examples of deferred compensation include pensions , retirement plans , and employee stock options .
In what seem to be the first-ever moves of their kind, DiNapoli’s New York State Common Retirement Fund, which manages $260 billion in assets, is pushing for more details about companies ...
The board recommends nominees for agency director to a panel of four elected city officials: the New York City Public Advocate, the New York City Comptroller, a New York City borough president, and a representative of the City Council. The panel then elects the agency head, who serves a four-year term.
By 1788, the Treasurer of the City prepared the budget, and in 1830 this duty fell to the Comptroller. [3] In 1853, a Board of Commissioners was established comprising the Mayor, the Comptroller and the Presidents of the Board of Alderman and the Board of Assistants, to pass on the appropriations of the Alms House Department and the Board of Education before such appropriations should be ...