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The New York state comptroller is an elected constitutional officer of the U.S. state of New York and head of the New York state government's Department of Audit and Control. [2] Sixty-one individuals have held the office of State Comptroller since statehood. The incumbent is Thomas DiNapoli, a Democrat.
The word is a variant of "controller". The "cont-" or "count-" part in that word was associated with "compt-", a variant of the verb "count". The term, though criticized by lexicographers such as Henry Watson Fowler, [1] is probably retained in part because in official titles it was deemed useful to have the title dissociated from the word and concept "control".
The board was created pursuant to the New York State Financial Emergency Act of The City of New York, and was initially known as the Emergency Financial Control Board (EFCB). Three years later the word "Emergency" was removed from the group's name and its charter was extended for thirty years. [1]
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. [2] In order to carry out the myriad duties and functions assigned to the office by law, the comptroller employs a staff of 800 people and maintains an operating budget of over $100 million. [2] [5]
Harrison Jacob Goldin (February 23, 1936 – September 16, 2024), often known as Jay Goldin, [1] was an American lawyer and politician. He served as a member of the New York State Senate from 1966 to 1973 but was better known for his almost-sixteen year tenure as New York City Comptroller from January 1974 to December 1989.
The New York State Constitution, Art.X, sec. 5, provides that public benefit corporations may only be created by special act of the legislature. In City of Rye v. MTA, 24 N.Y.2d 627 (1969), the court of appeals explained that "The debates of the 1938 Convention indicate that the proliferation of public authorities after 1927 was the reason for the enactment of section 5 of article X....
The 2010 election was held on November 2. Democratic incumbent Thomas DiNapoli won re-election, entering his first full term as Comptroller. Prior to this election, Thomas DiNapoli held the office of New York State Comptroller since being appointed by the Governor of New York on February 7, 2007.
These assets are overseen by the New York State Comptroller's office and are held on behalf of more than one million members of the New York State and Local Retirement Systems (NYSLRS). As of March 31, 2018, its one-year return was 11.35%, however its 10-year return was 6.4%. In 2017, the fund was able to cover about 95% of the benefits it paid ...