What Does the New York State Comptroller Do?
New York State's Comptroller is our chief fiscal officer who ensures that State and local governments use taxpayer money effectively and efficiently to promote the common good.
The Office of the New York State Comptroller serves a wide range of audiences, including New York State taxpayers, local governments, State agencies, vendors, New York State employees, New York State and Local Retirement System members and retirees, individuals entitled to unclaimed funds, policymakers and public interest groups. So what does the Comptroller do?
- Serves as sole trustee of the New York State Common Retirement Fund, one of the largest institutional investors in the world.
- Administers the New York State and Local Retirement System for public employees, with more than one million members, retirees and beneficiaries and more than 3,000 employers.
- Maintains the State's accounting system and administers the State’s approximately $15 billion payroll.
- Reports on State finances.
- Manages and issues State debt.
- Reviews State contracts and payments.
- Conducts audits of State agencies and public benefit corporations.
- Oversees the fiscal affairs of local governments, including New York City.
- Oversees the Justice Court Fund and the Oil Spill Fund.
- Serves as custodian of more than $14.5 billion in unclaimed funds, restoring lost accounts to their rightful owners.
- Conducts training and provides technical assistance to improve government operations at all levels.
Vote in the Comptroller primary on September 13, 2018, and in the general elections on November 6, 2018. Stay tuned for more election coverage on Race To Represent!
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Sources:
https://www.ny.gov/agencies/office-state-comptroller
