New York, NY — The Office of New York City Comptroller Mark Levine today released a first-of-its-kind Late Contracts Dashboard, providing the public with a real-time view of key performance indicators on contract registration delays, a key contributor to late payment issues for nonprofits. This is part of the Office’s commitment to government transparency and accountability, and addressing longstanding challenges nonprofits and human service vendors have faced getting paid on time. “Nonprofits provide many of the vital services New Yorkers regularly rely upon – but the City’s delays in the contract registration process means we are pushing them to the brink — forcing them to wait for months, if not years, to...
Chair Gaspard and members of the Commission, thank you for the work you have undertaken and for the opportunity to testify. Last month, I testified regarding adopting clear rules for the Revenue Stabilization Fund, commonly known as the Rainy Day Fund. I was excited to see the topic included in this Commission’s Preliminary Report, and in particular am grateful that this board appreciates the need for ensuring there is a clear target and deposit rules. Today in my I want...
New York, NY – New York City Comptroller Mark Levine issued the following statement on the handshake agreement between Mayor Mamdani and Speaker Menin to pass a $125.8 billion budget for Fiscal Year 2027. “After the most challenging budget cycle in recent memory, the Mayor and City Council have agreed on a budget that preserves and strengthens essential services, and partially restores next year’s general reserve. The agreement also expands CityFHEPS while simultaneously establishing controls that aim to manage its...
“The Rainy Day Fund exists because New Yorkers voted to give our City a tool to protect essential services during economic downturns and emergencies. It helps safeguard our schools, public safety, sanitation, housing, health care and social services when times get tough. Years after its creation, the fund still lacks formal rules governing it – and that needs to change. “We need a stronger, more predictable approach to saving for our future. New Yorkers deserve confidence that their government is prepared not only for...
Explore the Comptroller's data transparency initiatives for government accountability.
