Mayor's Office of Management and Budget

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The New York City Office of Management and Budget, formerly known as the Bureau of the Budget, is a part of the government of The City of New York. Established in 1933, it has an annual capital budget of more than $15 billion. The office oversees a staff of over 300 employees. It prepares and monitors the budgets and programs of nearly 80 city agencies and covered organizations. The New York City Office of Management and Budget conducts reviews of various economic forecasts on an ongoing basis. The office is also responsible for assisting the city mayor in developing and implementing the city's budget.