NYC Component Units Financial Statements

The Component Units of The City of New York

The New York City financial reporting entity consists of the City government and its component units. Component units are legally separate organizations for which the City is financially accountable. There are two types of Component units: Blended and Discretely Presented. A Blended Component unit’s financial information is reported within the City’s financial statements as if it were a part of the City. This is due to the fact that even though the Component unit is a separate legal entity it provides services exclusively to the City. A Discretely Presented Component unit does not provide services exclusively to the City, and therefore its financial information is reported in a separate column on the City’s government-wide financial statements.


1 As of Fiscal Year Ended June 30, 2017, TDC ceased operations.
2 Previously Discretely Presented Component Units.
3 As of Fiscal Year Ended June 30, 2016, BRAC ceased operations.


Blended Component Units

Discretely Presented Component Units