Speaker Julie Menin Announces Nathan Toth as NYC Council’s Finance Director

NEW YORK, NY - Today, New York City Council Speaker Julie Menin announced the appointment of Nathan Toth to lead the Council's Finance Division. A veteran of city government and municipal budgeting, Toth previously served in the Council's Finance Division for 15 years, most recently as a Deputy Director. He returns to the Council from the NYC Department of Design and Construction (DDC), where he served as Chief Financial Officer.

"I'm excited to welcome Nathan Toth back to the Council to serve as the Director of our Finance Division, where he will lead budget strategy, negotiations, and planning," said Speaker Julie Menin. "Nathan has led a distinguished career in public-sector finance, and his deep well of knowledge will be critical for the Council and our members. I look forward to Nathan's counsel and leadership to protect our city's fiscal health and stability."

Prior to DDC, Toth was a Principal at Cozen O'Connor Public Strategies, Director of Operations for the School Construction Authority (SCA), Budget Officer at New York University, and Senior Financial Analyst at Reuters America Inc.

"I'm honored to return to the Council, under the leadership of Speaker Menin and Finance Chair Lee, to serve as Finance Director during this critical time for our city," said Nathan Toth. "Throughout my career in public service, I have sought to responsibly guide and shape budgetary decisions that protect our city's fiscal health. I look forward to working with our committed public servants in the Council's Finance Division, Council Members, and all stakeholders to secure the savings and investments that meet the needs of New Yorkers."

"Nathan Toth brings extensive expertise in budgeting and invaluable knowledge of our City's procurement process, and I am thrilled to welcome him to the Finance Division," said Council Member Linda Lee, Chair of the Committee on Finance. "During my time as Executive Director of Korean Community Services of Metropolitan New York, I worked with Nathan, who played a key role in helping us navigate challenges tied to a major capital project. Nathan's experience across the City Council, Mayor's Office of Management and Budget, School Construction Authority, and the Department of Design and Construction equips him to be a leading voice in the Council's Finance Division. I am confident he will be a strong and effective leader to help us address the City's affordability crisis."

"Nathan Toth is a great catch for the City Council," said former Finance Chair and Council Member Danny Dromm. "I worked very closely with him as Finance Chair and know his abilities. He is thoroughly knowledgeable about every aspect of the city budget, and I have great confidence in him. I also worked closely with him when I was as Education Chair, and he knows all the nooks and crannies of the education budget, especially the capital budget, which is important. I am very happy Nathan is taking a position with the Council again, and I look forward to the work he will achieve."

"There is no better person to have as head of the Finance Division than Nathan Toth because of his experience, knowledge, and expertise in this area of finance," said former Finance Chair and Council Member Domenic Recchia. "He was part of our team during the financial crisis, when the Council had to make tough decisions. Nathan knows how to balance the budget, save core services that support New Yorkers, and come up with new ideas for revenue. He will be a great asset to advise and lead the Council during this time."

"Nathan Toth has long demonstrated a deep understanding of how the City's budget and capital processes shape the services New Yorkers rely on every day," said Twyla Carter, Attorney-in-Chief and CEO of The Legal Aid Society. "At The Legal Aid Society, we work closely with the New York City Council to ensure that the people we serve - low-income New Yorkers facing some of the most challenging moments of their lives - have access to high-quality legal representation and the resources needed to support our work. Nathan's decades of experience in City government and his commitment to effective stewardship of public funds will be invaluable in this role. We congratulate him on this appointment and look forward to continuing to work with the Council to ensure that critical legal services remain accessible to vulnerable communities."

About Nathan Toth:

Nathan Toth is an accomplished public-sector financial executive with nearly three decades of experience leading large-scale budgeting, capital planning, procurement, and fiscal strategy for New York City government. Most recently, he served as Chief Financial Officer of the New York City Department of Design and Construction (DDC), where he oversaw the Finance and Procurement Division, guiding the financial and contracting framework that supports the City's most critical public infrastructure projects. Prior to joining DDC, Nathan advised public- and private-sector clients as a Principal at Cozen O'Connor Public Strategies, leveraging his extensive knowledge of government budgeting, funding, and the legislative process to help organizations secure resources and advance their strategic priorities. Previously, he spent more than a decade in senior leadership roles within the New York City Council's Finance Division, where he oversaw budget development and negotiations for major city agencies, managed the Council's capital discretionary process, and served as a key advisor to Council leadership. Nathan earned his Bachelor of Science (BS) degree in Economics and Management Science from the State University of New York (SUNY) at Cortland and a Master of Public Administration (MPA) degree from City University of New York (CUNY)'s Baruch College.

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