How are city treasury funds managed for the City of New York?

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NYCTaxpayer

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Posted 7 years ago

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In addition to Pension Funds, on a daily basis, the Comptroller invests City government cash in excess of compensatory balance requirements and not immediately needed to cover expenses - pursuant to information from the NYC Department of Finance- in short-term securities, including U.S. Treasury and Agency securities and high grade commercial paper.