DiNapoli: NYC Contract Spending Rises $7 Billion Since FY 2019
July 30, 2024
July 30, 2024
ALBANY, New York, July 30 (TNSres) -- New York State Comptroller Thomas P. DiNapoli issued the following news release:
* * *
Urges Greater Agency Oversight Given Increased Spending
* * *
New York City's contract spending (excluding capital projects) has grown significantly in recent years, rising to $24.3 billion in fiscal year (FY) 2023, an increase of nearly $7 billion from FY 2019, representing an outsized share (41%) of total citywide . . .
* * *
Urges Greater Agency Oversight Given Increased Spending
* * *
New York City's contract spending (excluding capital projects) has grown significantly in recent years, rising to $24.3 billion in fiscal year (FY) 2023, an increase of nearly $7 billion from FY 2019, representing an outsized share (41%) of total citywide . . .