New York City Comptroller
Comptroller of the City of New York | |
---|---|
Abbreviation | Comp. |
Term length | 4 years (renewable) Two-term limit |
Constituting instrument | New York City Charter |
Formation | 1801 (1898 consolidated City) |
First holder | Selah Strong (1802–1805) |
Succession | Second in the New York City mayoral line of succession |
Salary | $209,050 (2020) USD [1] |
Website | New York City Office of the Comptroller website |
The Office of Comptroller of New York City, a position established in 1801, is the chief financial officer and chief auditor of the city agencies and their performance and spending. The comptroller also reviews all city contracts, handles the settlement of litigation claims (amounting to $975 million in 2019), issues municipal bonds, and manages the city's very large pension funds ($240 billion in assets under management as of 2020).
The comptroller is elected citywide to a four-year term, and can hold office for two consecutive terms. 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.
Duties and staff
The comptroller is responsible for auditing the performance and finances of city agencies, making recommendations regarding proposed contracts, issuing reports on the state of the city economy, marketing and selling
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.[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.[2]
As of 2021, the comptroller had a staff of 800 people, and a budget of over $100 million.[2][5]
History
1801–present
The office was created as an appointive office in 1801 by the
The comptroller served on the eight-member
In fiscal year 2019, the comptroller resolved 13,712 claims and lawsuits against New York City for $975 million.[16] The Comptroller also issued 61 audits and special reports on the effectiveness and service quality of city programs, as well as on financial issues, identifying actual and potential revenue and savings.[17]
2009 election
The
2013 election
2017 election
In 2017, there was no Democratic primary for the position. Stringer faced Republican Michel Faulkner in the general election, and won, with 77% of the vote.[25][26]
2021 election
The 2021 New York City Comptroller election consisted of Democratic and Republican primaries on June 22, 2021, followed by a general election on November 2, 2021. The primaries were the first Comptroller election primaries to use ranked-choice voting.[27] Incumbent Comptroller Scott Stringer was barred from running for a third term by term limits.[28]
Notable candidates included State Senator Brian Benjamin, former US Marine Zach Iscol, City Councilmember Brad Lander, State Senator Kevin Parker, and State Assemblymember David Weprin. A number of other members of the New York City business and political communities also ran.
Comptrollers
Pre-consolidation (1898)
- 1802–1805 Selah Strong
- 1805–1806 Benjamin Romaind
- 1806–1807 Isaac Stoutenburg
- 1807 Jacob Morton
- 1808–1813 Garret N. Bleecker
- 1813–1816 Thomas Mercein
- 1816–1831 Garret N. Bleecker
- 1831–1836 Talman J. Waters
- 1836–1839 Douw D. Williamson
- 1839–1842 Alfred A. Smith
- 1842 Douw D. Williamson
- 1843–1844 Alfred A. Smith
- 1844–1845 Douw D. Williamson
- 1845–1848 John Ewen
- 1848–1849 Talman J. Waters
- 1849 John L. Lawrence
- 1850–1853 Joseph R. Taylor
- 1853–1859 Azariah C. Flagg
- 1859–1863 Robert T. Haws
- 1863–1867 Matthew T. Brennan
- 1867–1871 Richard B. Connolly
- 1871–1876 Andrew H. Green
- 1876–1881 John Kelly
- 1881–1883 Allan Campbell
- 1883–1884 S. Hastings Grant
- 1884–1888 Edward V. Loss
- 1888–1894 Theodore W. Myers
- 1894–1898 Ashbel P. Fitch
Post-consolidation (1898)
- 1898–1901 Bird S. Coler
- 1902–1905 Edward M. Grout
- 1906–1909 Herman A. Metz
- 1910–1917 William A. Prendergast
- 1918–1925 Charles Lacy Craig
- 1926–1932 Charles W. Berry
- 1933 George McAneny
- 1934 W. Arthur Cunningham
- 1935 Joseph D. McGoldrick
- 1936–1937 Frank J. Taylor
- 1938–1945 Joseph D. McGoldrick
- 1946–1953 Lazarus Joseph
- 1954–1961 Lawrence E. Gerosa
- 1962–1965 Abraham D. Beame
- 1966–1969 Mario Procaccino
- 1970–1973 Abraham D. Beame
- 1974–1989 Harrison J. Goldin
- 1990–1993 Elizabeth Holtzman
- 1994–2001 Alan G. Hevesi
- 2002–2009 William Thompson
- 2010–2013 John Liu
- 2014–2021 Scott Stringer
- 2022–present Brad Lander
References
- ^ Sanders, Anna (February 10, 2020). "Pay gap for women working for NYC Comptroller Scott Stringer is 12% less than men on average, payroll records reveal". The New York Daily News.
- ^ a b c d e Gwynne Hogan (February 5, 2021). "$100 Million Dollar Budget And The Power of Oversight — What Is A Comptroller & Why Should You Care?". Gothamist.
- ^ a b Smith, Rachel Holliday (January 18, 2021). "What to Know About the 2021 City Comptroller's Race in New York; What does a city comptroller do? And who is running for the seat this year? Here's your guide to the only other citywide office besides mayor with any real competition yet". The City.
- ^ a b "Pension / Investment Management," comptroller.nyc.gov.
- ^ a b c "Duties Of The Comptroller," comptroller.nyc.gov.
- ^ "NYC Public Pension Funds". The New York City Comptroller's Office. Retrieved January 8, 2015.
- ^ a b Lopez, Luciana (January 7, 2015). Adler, Leslie (ed.). "New York City pension funds moved $4.9 billion out of Pimco in 2014". The Wall Street Journal – via Reuters.
- ^ "Title 44: Comptroller — Rules of NYC 0.0.1 documentation". rulesofnyc.readthedocs.io.
- ISBN 0-916130-02-9.
- ^ Edward Dana Durand (1898). The Finances of New York City, Macmillan.
- ^ Minutes of the Common Council of the City of New York, 1784-1831. New York: M.B. Brown Printing Co. 1917.
- ^ "NYC Department of Records - City Hall Library Notes, August 2012". www.nyc.gov.
- ^ "From a Police Budget Panel to City's Board of Directors". The New York Times. November 20, 1986.
- ^ U.S. Commission on Civil Rights, 1999.
- ^ "Opinion, The Board of Estimate, 1898-198, Shaping the New New York City Government". The New York Times. April 6, 1989.
- ^ "Annual Claims Report"
- ^ "Annual Audit Report; Fiscal Year 2020"
- ^ The New York Times coverage of the 2009 NYC Comptroller race, September 29, 2009; retrieved September 26, 2013.
- ^ Coverage of the 2009 NYC Comptroller race Archived September 15, 2009, at the Wayback Machine, manhattan.about.com
- ^ 2009 New York City Comptroller election results Archived 2009-11-07 at the Wayback Machine, The New York Times, published and retrieved November 3, 2009.
- ^ Russ, Hilary (September 10, 2013). "Eliot Spitzer fails in his New York political comeback attempt". Reuters. Retrieved September 11, 2013.
- ^ "Meet the GOP candidate for NYC Comptroller-2013". Vigilant Squirrel Brigade. June 28, 2013.
- ^ Nelson, Steven (August 26, 2013). "Spitzer's Ex-Madam Kristin Davis Slips Out of Comptroller Race". US News & World Report. Archived from the original on August 27, 2013.
- ^ "2013 General Election"
- ^ Max, Ben (September 13, 2017). "2017 New York City Primary Election Results". Gotham Gazette. Retrieved September 13, 2017.
- ^ "Scott Stringer". Ballotpedia.
- ^ Lewis, Rebecca (February 3, 2020). "How ranked-choice voting will work in New York City". City & State New York. Archived from the original on June 21, 2021. Retrieved June 29, 2020.
- ^ Goodman, J. David (January 28, 2019). "The 2021 New York City Mayoral Race: Coming Soon to a Living Room Near You)". The New York Times.
Sources
- Article on "comptroller" by Noel C. Garelick in ISBN 0-300-05536-6)
External links
- New York City Office of the Comptroller
- Comptroller in the Rules of the City of New York