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Brad Lander: “We found ways to save on the city's bond issuances, even in…”

Featuring: Brad Lander, Democratic | New York City Comptroller

In-Depth Discussion with NYC Comptroller Brad Lander on City Challenges and Policies

Published October 23, 2023 | Video Starts at 18:08

It's all on the website. And I feel really proud of how we're doing it again. We beat our benchmarks on the pension funds. We found ways to save on the city's bond issuances, even in an era of high interest rates. and even as we've done the city's first social bond offering. So I'm confident that we're showing you can work for more effective government while also working for more progressive government. (18:08–18:18)

CLAIM

Asserts that savings were achieved on bond issuances despite high interest rates.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Brad Lander

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“Special education claims have grown tenfold 1000% over the last decade.”
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“The city's ferry system audit identified $223 million in hidden expenses.”
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“Discretionary awards account for 3% of the money that nonprofit social service organizations get, but 40% of the contract volume.”
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“The average Nonprofit contract is 300 days. Gets registered 300 days after they had to start providing services.”
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“We gave raises to public sector workers that we needed to give and that added $17 billion to the budget.”
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“At the peak of the Ellis island era, we're getting 5,000 people a day.”
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“We lost 400,000 people in population during the pandemic.”
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“We had Good returns through June 30th. We beat our benchmarks, and we also have the most ambitious Climate Net zero plan.”
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“We had agreed that we would do two audits at the, you know, at the direction of this resident audit committee.”
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“We audited the sweeps, and that was what the data showed, that three out of 2,300 people got housing.”
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“The city has effectively ended veterans homelessness with programs like [housing first programs].”
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“We did make the recommendation of ending homeless sweeps.”
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“Programs that enable social service Organizations to build relationships, which sweeps destroy those relationships, build relationships…”
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“I think it should require that every time you adjust the budget, you have agencies do a long term savings plan.”
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“We're required still by state law to have a public hearing on every contract over $100,000.”
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“Claims against the city of New York, one of the biggest of which are traffic crashes with city vehicles, have grown dramatically in recent…”
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“We beat our benchmarks on the pension funds.”
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“We have 30 days mandated by the charter to register or return the contract.”
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“We, I think, have approved 98.8% of the contracts.”
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“Our average is 17 days.”
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