Financial Control Board

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Summary

The NYS Financial Control Board for New York City (FCB) Financial Management Plan will achieve its savings target primarily by reducing personal service costs. Several high level staff retirements will be replaced internally and lower level positions will remain vacant. Discretionary NPS spending will continue to be reviewed and closely monitored on an on-going basis.

Complete Agency Management Plan

Financial Control Board Financial Management Plan (PDF)

Quarterly Progress Update

The first quarterly progress update will be available October 2008.