An independently elected official, he safeguards the City’s fiscal health, roots out waste, fraud and abuse in local government, and ensures that municipal agencies serve the needs of all New Yorkers. The Comptroller’s responsibilities include: Conducting performance and financial audits of all City agencies; Serving as a fiduciary to the City’s five public pension funds totaling approximately $279.14 billion in assets, as of March 2025; Providing comprehensive oversight of the City’s budget and fiscal condition; Reviewing City contracts for integrity, accountability and fiscal compliance; Resolving claims both on behalf of and against the City; Ensuring transparency and accountability in setting prevailing wage and vigorously enforcing prevailing wage and living wage laws; and Promoting policies that enhance City government’s commitment to efficiency, integrity and performance for all New Yorkers.