Financial Control Board, New York State
skip breadcrumbsAgency Web Site: https://fcb.ny.gov/
Mission
The New York State Financial Control Board was created by the State legislature in September 1975 to oversee the financial management of the New York City government and certain related public authorities. The Control Board must review the City's four-year financial plan at least quarterly, and must notify the City if a plan or modification to the financial plan does not conform to the New York State Financial Emergency Act of The City of New York's standards. In addition, the Control Board must make an annual determination whether a new control period should be recommended.
Budget Highlights
The Executive Budget recommends $3.132 million for the Financial Control Board. This is the same as the 2013-14 budget.
The Executive Budget recommends a workforce of 14 FTEs for the Financial Control Board. This represents no change from the 2013-14 budget.
| Category | Available 2013-14 |
Appropriations Recommended 2014-15 |
Change From 2013-14 |
Reappropriations Recommended 2014-15 |
|---|---|---|---|---|
| State Operations | 3,131,700 | 3,131,700 | 0 | 0 |
| Total | 3,131,700 | 3,131,700 | 0 | 0 |
| Program | 2013-14 Estimated FTEs 03/31/14 |
2014-15 Estimated FTEs 03/31/15 |
FTE Change |
|---|---|---|---|
| Financial Control Board for the City of New York | |||
| Special Revenue Funds - Other | 14 | 14 | 0 |
| Total | 14 | 14 | 0 |
Note: Most recent estimates as of 01/20/2014