Scott Stringer

They contribute more than $77 billion annually, or 9.4% of city economic output, according to the city comptroller.

While few observers are content with the new balanced budget, many say they can live with it as they look to an uncertain economic future.

The board, a vestige from the 1970s fiscal crisis, is a lingering motive for the city to approve a balanced budget.

This year's award recipients are New York City Comptroller Scott Stringer, city Deputy Director for Finance Alan Anders and Jefferies banker Kym Arnone.

The city comptroller is monitoring the markets amid a projected $8.7 billion revenue gap and a possible 22% unemployment rate by the end of June.

In the wake of the COVID-19 pandemic, the city's budget shrinks by $6 billion.

Biweekly webinars on Zoom will help city small businesses and MWBEs stay afloat in difficult economic times.

The mayor cited COVID-19 as a spending priority while cases in his city represent more than one-third of the nation's total.

The comptroller called for passage of a federal rescue bill and measures to shore up the city budget.

The comptroller, citing projected losses in entertainment and tourism while the city is virtually closed, called for a savings target of 4% of tax levy-funded agency spending.

Looming state budget cuts combined with the COVID-19 threat could have a negative impact on NYC's economy.

The city comptroller, assailing what he called a "gentrification industrial complex," proposed measures including eliminating a state tax subsidy program.

But survey of 550 MWBE firms finds minority- and women-owned firms still face barriers to competition.

New York City voters take the first step to include a formal rainy day fund in the budget process.

The city and its Transitional Finance Authority issued $6.18 billion of long-term bonds, according to the comprehensive annual financial report.

Mismanagement of real-property related taxes may be shortchanging an MTA revenue stream, said city Comptroller Scott Stringer.

More than 600 firms have adopted proxy access, a program launched under the comptroller’s Boardroom Accountability Project.

The board, voted unanimously to certify that the city’s financial house is in order.

New York City Comptroller Scott Stringer received several awards for excellence in financial reporting.

Center for an Urban Future is calling for an additional $100 million for the city's parks budget, and strategies from concession sales to developer contributions with zoning amendments.