NYC’s Next Comptroller to Oversee $250 Billion in Pension Funds

June 9, 2021, 10:37 PM

New York City’s next comptroller will have to oversee the city’s roughly $100 billion budget as it claws its way out of an economic crisis prompted by the pandemic and ensure that more than $14 billion of federal pandemic aid is used wisely.

A former U.S. Marine, an ex-financial journalist and a municipal-finance expert are among the Democrats competing in a June 22 primary to become the city’s chief financial watchdog; Republicans didn’t field a candidate. This will be the first comptroller race to be decided by ranked-choice voting, which allows voters to rank their top five candidates.

A May ...

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