DOF must provide by November 1st of each year a publicly available report on outstanding
judgment debt resulting from notices of violation issued by various City agencies and returnable
to the Environmental Control Board and subsequently referred for collection during the previous
fiscal year.
Under Local Law 249 of 2017 and Local Law 216 of 2021, the Department of Finance (DOF) is required to notify property owners when real estate instruments are recorded on their properties. The law mandates that DOF provide an annual report to the council and publish the report on DOF's website.
This report, mandated by the New York City Charter, identifies and describes tax expenditure programs related to taxes administered by the City and provides tax expenditure estimates based on available data.
Since 2009, DCAS has coordinated with City agencies to benchmark nearly 3,000
public buildings including libraries, police stations, firehouses, schools, colleges,
courthouses, hospitals, community centers and government offices.
Early Payment Discount Rate and Late Payment Interest Rates Recommendations. The City of New York is required to charge interest on the amount of tax that is late.
Each May, the NYC Banking Commission recommends a discount rate and penalty rates for the upcoming fiscal year beginning on July 1.
This report presents statistical information for tax year 2000 for the three New York City
business income taxes: the Banking Corporation Tax (BCT), the General Corporation Tax
(GCT), and the Unincorporated Business Tax (UBT).
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows the liability incurred under the City's three business income taxes: the General Corporation Tax, Banking Corporation Tax, and Unincorporated Business Tax. The reports include distributions by industry sector, liability range, allocation status, and entity type
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows the liability incurred under the City's three business income taxes: the General Corporation Tax, Banking Corporation Tax, and Unincorporated Business Tax. The reports include distributions by industry sector, liability range, allocation status, and entity type
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
2013 Legislative Report details recently enacted State and local legislation that affects New York City's tax system and the New York City Department of Finance.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
The Mayor’s housing plan, “Housing New York: A Five-Borough, Ten-Year Plan,” has called
attention to the affordability crisis many New Yorkers face, particularly senior citizens and people
with disabilities
This report identifies and describes tax expenditure programs related to taxes administered by the City and provides tax expenditure estimates based on available data. The City administers approximately
60 real property, business income, and excise tax expenditure programs.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
These reports provide property tax data such as market and assessed values, exemptions, and abatements. The information is listed by categories, such as borough, tax class, and type of building.
These reports are used by general corporation and unincorporated business taxpayers to compute their investment allocation percentages, and by general corporation taxpayers to compute their allocated subsidiary capital. For 2006 and prior, the lists include only corporations whose issuer's allocation percentages are known to be less than 100%.
These reports are used by general corporation and unincorporated business taxpayers to compute their investment allocation percentages, and by general corporation taxpayers to compute their allocated subsidiary capital. For 2006 and prior, the lists include only corporations whose issuer's allocation percentages are known to be less than 100%.
The annual New York State and New York City Legislative Summary, issued by Finance's Tax Policy Division, details recently enacted State and local legislation that affects New York City's tax system and the New York City Department of Finance
New York City furthers its social and economic objectives through a variety of programs. Some programs are funded by direct governmental appropriations while others are funded by reductions in tax liability and are referred to as tax expenditures. This report, mandated by the New York City Charter, identifies and describes tax expenditure programs related to taxes administered by the City and provides tax expenditure estimates based on available data. The City administers approximately 60 real property, business income, and excise tax expenditure programs.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
This report shows properties receiving the 421a partial tax exemption listed by Borough, Block & Lot, Neighborhood, Building Class, Tax Class, and Address.
These reports provide property tax data such as market and assessed values, exemptions, and abatements. The information is listed by categories, such as borough, tax class, and type of building.
The Annual Report on Tax Expenditures identifies and describes tax expenditures related to taxes administered by the City. The report also provides tax expenditure estimates.
Overall report on market values by tax class and borough, exemptions, assessed values, home sales, tax delinquency, market values, real property, school tax rates, etc.
A report on the outstanding debt for base penalties, default penalties, and default judgments issued for notices of violations returnable to the Environmental Control Board (ECB). As mandated by Intro 489-B (2015) and Local Law 11 of 2015.
Certain City programs are funded by reductions in tax liability and are referred to as “tax expenditures.” This report identifies and describes tax expenditure programs related to taxes administered by the City
and provides tax expenditure estimates based on available data.
The New York City Rent Freeze program is comprised of the Senior Citizen Rent Increase
Exemption (SCRIE) and the Disability Rent Increase Exemption (DRIE). The program assists lowincome seniors and people with disabilities who reside in rent-regulated apartments or
apartments
This report provides data on Commercial Rent Tax (CRT) liability at the taxpayer and premises level.
The data sources for this report are taxpayers’ CRT tax year 2019 (June 1, 2018 – May 31, 2019) returns
and CRT collections data from Department of Finance records.
Identifying Information Law Agency Biennial Report 2020; pursuant to local law each agency is to report on the collection, retention, and disclosure of agency data and records containing personal identifying information.
This report provides data on Commercial Rent Tax (CRT) liability at the taxpayer and premises level. The data sources for this report are taxpayers’ CRT Tax Year 2020 (June 1, 2019 – May 31, 2020) returns and CRT collections data from Department of Finance records.
Local Law 4 of 2006 requires the New York City Department of Finance (DOF) to report annually to the New
York City Council on the sale of tax liens during the preceding year. This report summarizes tax lien sale
activity for calendar year 2021.
Sixth annual report of the Office of the Taxpayer Advocate (OTA), an office established in 2015 within the Department of Finance (DOF) to assist customers and recommend improvements to the agency’s policies and procedures.
This report provides data on Commercial Rent Tax (CRT) liability at the taxpayer and premises level.
The data sources for this report are taxpayers’ CRT tax year 2021 (June 1, 2020 – May 31, 2021) returns
and CRT collections data from Department of Finance records.
This report provides data on Commercial Rent Tax (CRT) liability at the taxpayer and premises level. The data sources for this report are taxpayers’ CRT tax year 2021 (June 1, 2020 – May 31, 2021) returns and CRT collections data from Department of Finance records.
The seventh annual report of the Office of the Taxpayer Advocate (OTA), an office established in 2015 by the Department of Finance (DOF) to assist customers and recommends improvements to the agency’s policies and procedures.
Pursuant to the Identifying Information Law requirements for city agencies, this is the biennial compliance report. This report contains information concerning the agency's collection, retention, and disclosure of personal identifying information, in accordance with local law.
This report provides data on Commercial Rent Tax (CRT) liability at the taxpayer and premises level. The data sources for this report are taxpayers’ CRT tax year 2022 (June 1, 2021 – May 31, 2022) returns and CRT collections data from Department of Finance records.
The SCRIE and DRIE ombudspersons summarize the legislative and administrative changes impacting the Rent Freeze Program from July 1, 2019, through June 30, 2020. In addition, the report provides data regarding the volume and nature of the ombudspersons’ work during the past fiscal year.
Market value grew in FY 2019, for the eighth straight year. The total City-wide market value of fully and partially taxable property exceeded $1.2 trillion dollars and was about 8.8 percent higher than in FY 2018.
DOF is amending the rules for the SCRIE and DRIE Programs.
These amendments to Chapter 52 were first proposed and published on September 23, 2022. A public hearing was held on October 25, 2022. After receiving and reviewing public comments, DOF has adopted this final rule.
Adopted Amendment to the Rules which would allow Senior Citizen Rent Increase Exemption and Disability Rent Increase Exemption Program Participants to file Renewal Applications Past Specified Deadline
In 2009, the New York State Legislature enacted General Municipal Law Article 5-L, which
authorizes municipalities within New York State to create and administer Property Assessed
Clean Energy (“PACE”) financing programs.
Weigh-in-motion systems violations are issued to vehicle owners whose vehicles are recorded as having axle or gross weights exceeding the existing legal thresholds.
Market value growth declined in FY 2010—the first decline since 1995. The total Citywide market value of fully and partially taxable property fell to $795.7 billion, about 1.9
percent lower than FY 2009. Manhattan market value growth remained positive in FY 2010
Since changes in market value are
phased in, previous years’ increases in market value are still being reflected in the current
year’s assessed values. As a result, overall taxable billable assessed value (BAV)
increased 5.8 percent.
Market and assessed values grew at a strong pace in FY 2003. The total Citywide market value
of fully and partially taxable property reached $429.8 billion, a $37.5 billion or 9.6 percent
increase over FY 2002. This increase was largely driven by the strength of residential properties.
As the average tax rate remained at $12.283 per $100 of assessed value, the increase in
the taxable BAV resulted in $1.741.6 million in additional property tax levy for FY2021
Under Local Law 36 of 2023, the New York City Department of Finance (DOF) is required to
report information relating to property tax payment plans to the mayor and speaker of the city
council. Local Law 36 also created a new type of property tax payment plan that reduces the
interest rate.
Market value grew slightly in FY 2012, after two years of decline. The total City-wide
market value of fully and partially taxable property increased to $814.4 billion, about 2.6
percent higher than FY 2011. Market value increased in Manhattan and Queens, was
virtually unchanged in the Bronx
Market and assessed values continued to grow at a strong pace in FY 2008. The total
Citywide market value of fully and partially taxable property reached $795.9 billion, a
$121.8 billion, or 18.1 percent increase over FY 2007. This increase was largely driven
by Class One properties
Market value growth slowed substantially in FY 2009. The total City-wide market value
of fully and partially taxable property reached $811.1 billion, only 1.9 percent higher than
FY 2008. Manhattan and Bronx market value growth remained positive in FY 2009
Market value declined slightly in FY 2011—for the second consecutive year. The total
City-wide market value of fully and partially taxable property fell to $793.7 billion,
about 0.2 percent lower than FY 2010. Manhattan market value growth remained
positive in FY 2011,
Market value grew slightly in FY 2013, for the second straight year. The total City-wide
market value of fully and partially taxable property increased to $838.0 billion, about 2.9
percent higher than FY 2012.
Since changes in market value are
phased in, previous years’ increases in market value are still being reflected in the current
year’s assessed values. As a result, overall taxable billable assessed value (BAV)
increased by 6.3 percent.
Since the average tax rate remained at $12.283 per $100 of assessed value, the increase in
taxable BAV resulted in $1,553.5 million in additional property tax levy for FY 2016.
Market value grew in FY 2017, for the sixth straight year. The total City-wide market
value of fully and partially taxable property exceeded one trillion dollars and was about
9.8 percent higher than FY 2016. Market value increased in all of the boroughs:
Market value grew in FY 2018, for the seventh straight year. The total City-wide market
value of fully and partially taxable property exceeded one trillion dollars and was about
8.0 percent higher than in FY 2017. Market value increased in all of the boroughs:
Market value grew in FY 2019, for the eighth straight year. The total City-wide market
value of fully and partially taxable property exceeded $1.2 trillion dollars and was about
8.8 percent higher than in FY 2018. Market value increased in all of the boroughs:
Market value grew in FY 2020, for the ninth straight year. The total citywide market
value of fully and partially taxable property exceeded $1.3 trillion and was 5.2 percent
higher than in FY 2019. Market value increased in all boroughs:
This report presents statistical information on the New York City General
Corporation Tax (GCT) and Unincorporated Business Tax (UBT). Data
are provided for tax year 1998, the latest year for which complete
information is available. *