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Comptroller Stringer releases fiscal year 2018 Comprehensive Annual Financial Report

NOVEMBER 5, 2018 | NEW YORK CITY COMPTROLLER SCOTT M. STRINGER

Finance

“'This year’s CAFR highlights the City’s strong economy and record low unemployment rate, and includes new data on the Comptroller’s Office diversity initiatives. …' The CAFR itself includes '… The City of NewYork (City) completed its Fiscal Year with a General Fund surplus, as determined by Generally Accepted Accounting Principles (GAAP), for the 38th consecutive year. The General Fund remains a primary indicator of the financial activity and legal compliance for the City within the financial reporting model promulgated by the Governmental Accounting Standards Board (GASB).” 

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