How are City Treasury Funds Managed for the City of New York?
In addition to Pension Funds, the Comptroller invests City government cash in excess of compensatory balance requirements and not immediately needed to cover expenses – pursuant to instructions from the NYC Department of Finance- in short-term securities, including U.S. Treasury and Agency securities and high grade commercial paper. Nothing contained on any of these pages shall be construed as investment advice, guidance or recommendations.
