New York City Mayor's Office of Management and Budget

Last updated

Office of Management and Budget
Agency overview
Jurisdiction New York City
Headquarters255 Greenwich St.,
New York, NY 10007
Employees350
Agency executive
Website nyc.gov/omb

The New York City Mayor's Office of Management and Budget (OMB), formerly New York City Office of Management and Budget, is the New York City government's chief financial agency, organized as part of the New York City Mayor's office. OMB staff, under the direction of the Mayor and the Budget Director, assemble and oversee the expense, revenue, and capital budgets for the city. The City of New York funds the activities of approximately 70 agencies with more than 300,000 full-time and full-time equivalent employees. [1]

Contents

OMB evaluates the cost-effectiveness of city services and proposals, both from the agencies and New York City Council. OMB employs economists to provide forecasts on city, state, nation, and world economies. OMB also manages the city's capital financing programs through the issuing of bonds, and conducts legal reviews of capital projects financed with bond proceeds. [1]

New York City has the largest municipal budget in the United States at $95.1 billion in Fiscal Year 2021 (as of the City's January 2021 Financial Plan). [2]

History

By 1788, the Treasurer of the City prepared the budget, and in 1830 this duty fell to the Comptroller. [3] In 1853, a Board of Commissioners was established comprising the Mayor, the Comptroller and the Presidents of the Board of Alderman and the Board of Assistants, to pass on the appropriations of the Alms House Department and the Board of Education before such appropriations should be submitted to the Board of Supervisors. This lasted until 1871, when the Board of Estimate and Apportionment was established and charged with the duty of apportioning the revenue resulting from tax assessments on property valuation. [4]

In 1881, the Commissioners of Accounts prepared an annual statement of expenditures of all departments for use in budgeting. In 1914, a separate budget and efficiency staff was set up in the Office of the Commissioners of Accounts. The Board of Estimate and Apportionment also set up three agencies to assist in the preparation of the budget - the Bureau of Standards (later the Bureau of Personnel Service), the Bureau of Contract Supervision, and the Committee on Education. All of these agencies were abolished in 1918 and the Board of Estimate and Apportionment's examiners, who were transferred to the secretary's office at that time, later became the nucleus of the Bureau of the Budget. In 1924, the position of Director of Budget was created as part of the Mayor's Office by the Board of Estimate and Apportionment. [5] In 1933 The Bureau of the Budget was established by Local Law 11 with the Director of the Budget at its head. [5] [6] [7]

In 1976, the Bureau was renamed the Office of Management and Budget, and was granted its current responsibility for assisting the Mayor in developing and implementing the City's budget, and for advising the Mayor on policy affecting the City's fiscal stability and the effectiveness of City services.

Budget Director

The agency is headed by a commissioner-level appointment, known as the Budget Director, responsible for drafting the city's budget, turning the Mayor's policy goals into a fiscally responsible and balanced budget. [8] The Budget Director also serves ex officio on various boards, including the New York City Municipal Water Authority, which issues bonds for the capital plan of the NYC Department of Environmental Protection, [9] the New York City Transitional Finance Authority, and TSASC, Inc., a local development corporation whose debt is secured by tobacco settlement revenues. [10] Both issue bonds to finance the city’s capital plan. [11] The current Budget Director is Jacques Jiha. [12]

Budget Directors

NameYears in OfficeAdministration
Abraham Beame [13] 1952-1961 Vincent R. Impellitteri, Robert F. Wagner Jr.
Frederick O'R. Hayes1966–1970 John Lindsay
Edward K. Hamilton [14] [15] 1970-1971John Lindsay
David Grossman1971–1974John Lindsay
Melvin Lechner [16] 1974-1976 Abraham Beame
1976-1977Abraham Beame
James Brigham [17] [18] 1978-1981 Ed Koch
Alair Townshend [17] 1981-1985Ed Koch
Paul Dickstein [19] 1985-1988Ed Koch
Stanley Grayson [20] 1988-1990Ed Koch
Philip R. Michael [21] 1990-1993 David Dinkins
Carol O'Cleireacain [21] [22] [23] 1993David Dinkins
Abraham Lackman [24] [8] [25] [26] 1994-1995 Rudy Giuliani
Marc Shaw [26] [8] [27] 1995Rudy Giuliani
Joe Lhota [8] [28] 1995-2001Rudy Giuliani
Mark N. Page [29] [30] [11] 2002-2014 Michael Bloomberg
Dean Fuleihan [31] [32] 2014-2017 Bill de Blasio
Melanie Hartzog [32] 2018-2020Bill de Blasio
Jacques Jiha [32] 2020–PresentBill de Blasio, Eric Adams

Notable former employees

See also

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References

  1. 1 2 "About - OMB". www1.nyc.gov.
  2. ↑ "New York City Office of Management and Budget Frequently Asked Questions". NYC Office of Management and Budget. January 14, 2021.
  3. ↑ "New York State Treasurer's Office Accounts and Tax Assessment Lists". iarchives.nysed.gov. Retrieved March 20, 2019.
  4. ↑ "New York (N.Y.). Board of Estimate @ SNAC". snaccooperative.org. Retrieved March 20, 2019.
  5. 1 2 Municipal Archives and Records Center of the City of New York
  6. ↑ Moscow, Warren (August 22, 1976). "Jimmy Walker's City Hall" . Retrieved March 20, 2019– via NYTimes.com.
  7. ↑ "Mayor Beame Executive Order" (PDF).
  8. 1 2 3 4 "New Budget Director Named, Giuliani's Third in Two Years". The New York Times. November 30, 1995. Retrieved January 4, 2018.
  9. ↑ "Governance - NYW". www1.nyc.gov.
  10. ↑ "Board of Directors and Officers - TSASC". www1.nyc.gov. Retrieved January 4, 2018.
  11. 1 2 "Mark N. Page - NYC Health + Hospitals". www.nychealthandhospitals.org. Retrieved January 4, 2018.
  12. ↑ "Mayor De Blasio Names New Budget Director". April 8, 2014. Retrieved March 3, 2021.
  13. ↑ Marks, Jason. "12 Who Made It Big: Abraham D. Beame '28". History of Baruch College. Baruch College, City University of New York. Archived from the original on April 12, 2016. Retrieved March 23, 2016.
  14. ↑ Carroll, Maurice (November 10, 1971). "City's New Deputy Mayor Edward Kalli Hamilton". The New York Times .
  15. ↑ Cannato, Vincent (July 21, 2009). The Ungovernable City. Basic Books. ISBN   9780786749935 . Retrieved January 4, 2018– via Google Books.
  16. ↑ "Lechner Resigns as Budget Director". January 24, 1976. Retrieved March 20, 2019– via NYTimes.com.
  17. 1 2 "NEW BUDGET DIRECTOR IN DEBUT PERFORMANCE". The New York Times. January 16, 1982. Retrieved January 4, 2018.
  18. ↑ Carroll, Maurice (February 3, 1978). "Koch Names James Brigham Jr., an Ex‐Beame Aide, Budget Chief". The New York Times.
  19. ↑ Martin, Douglas (October 22, 2013). "Paul Dickstein, Koch's Budget Chief in New York City, Dies at 70". The New York Times.
  20. ↑ Levine, Robert (December 9, 1988). "Deputy Mayor for Finance To Leave New York City Job". The New York Times .
  21. 1 2 "BUDGET DIRECTOR OF NEW YORK CITY IS FORCED TO QUIT". The New York Times. August 20, 1993. Retrieved January 4, 2018.
  22. ↑ "Detroit's deputy mayor stepping down" . Retrieved January 4, 2018.
  23. ↑ "Carol O'Cleireacain" . Retrieved January 4, 2018.
  24. ↑ "Giuliani Names Albany Adviser As Budget Chief". The New York Times. December 9, 1993. Retrieved January 4, 2018.
  25. ↑ "Governor Cuomo Announces the Launch of Start-Up NY Approval Board". September 28, 2014. Retrieved January 4, 2018.
  26. 1 2 "Budget Chief For Giuliani Joins M.T.A." The New York Times. November 28, 1995. Retrieved January 4, 2018.
  27. ↑ "Marc V. Shaw – The City University of New York". www2.cuny.edu. Retrieved January 4, 2018.
  28. ↑ "Governor Cuomo Announces Appointment of Joseph Lhota as Chairman of MTA". June 21, 2017. Retrieved January 4, 2018.
  29. ↑ "Candidate Profile: Mark Page - Control Board Watch". August 5, 2016. Retrieved January 4, 2018.
  30. ↑ "Mark Page: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved January 4, 2018.
  31. ↑ "Bill de Basio Appoints Dean Fuleihan Budget Director". The New York Observer . December 18, 2013. Retrieved January 4, 2018.
  32. 1 2 3 "De Blasio Names New Budget Director" . Retrieved January 4, 2018.
  33. ↑ "Commission on Globalisation | Coming Events". www.worldforum.org. Archived from the original on March 11, 2012. Retrieved January 12, 2022.
  34. ↑ "Staff – Institute for State and Local Governance" . Retrieved January 25, 2019.
  35. ↑ Khurshid, Samar. "2021 Comptroller Race Now Features Two City Council Members". Gotham Gazette. Retrieved January 25, 2019.
  36. ↑ "Anthony E. Shorris". Transportation Experts Blog. Archived from the original on September 3, 2012. Retrieved March 31, 2013.
  37. ↑ "2005 NYC Voter Guide: Candidate Profile: David Yassky".
  38. ↑ "New York City Campaign Finance Board: The 2001 Voter Guide".
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