Skyline view of New York City with buildings and the river

FY 2025 Executive Budget and Financial Plan

The city continues to enjoy healthy job gains even as growth
Mission Statement

The New York State Financial Control Board was created by the State Legislature in September 1975 pursuant to the New York State Financial Emergency Act of The City of New York (the "Act"). The Act gives the Control Board powers and responsibilities of review and oversight with respect to the financial management of the New York City government and certain related public authorities. 

More About the Board

The Financial Control Board produces quarterly reports that provide fiscal monitoring and oversight of New York City’s budget.

Membership on the Control Board consists of the Governor (Chairperson), State Comptroller, Mayor, City Comptroller, and three members who are appointed by the Governor.

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