With a slew of scandals around the use of public funds, ongoing questions around city contracts, and too many small businesses on the outside of the procurement process, our city needs a smart and aggressive financial officer. That leader should be John Liu.
As comptroller, Liu would set policies for an office that has at least 700 employees and manages billion of dollars in pension and other funds. He has the know-how to do this. Liu spent 14 years in the financial sector, where he worked as an actuary for pension funds.
Despite that lucrative career, Liu chose a path to public service. With eight years as a New York City Councilman under his belt, he combines his knowledge of city finances and operations with his professional background.
Liu is not the only candidate for comptroller with relevant experience. But he shows a particular sensitivity to making sure that the comptroller’s office has an impact in the lives of everyday New Yorkers.
For example, Liu wants to open what has been a narrow gate to city contracts. He is tired of seeing the same companies land the lion’s share of contracts and then not hiring locals and minorities. This access, he says, is not simply about advancing individual businesses but instead about community development and economic integration.
At a time of difficult budget cuts and a shrinking economy, Liu is committed to minimizing waste and fraud, especially with stimulus funds in the pipeline.
He also wants to ensure that city agencies are fulfilling their charge and living up to their responsibilities to all New Yorkers. Among the issues on his radar are how city funding reaches English Language Learners and the city’s billing practices with respect to public housing residents.





