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:
The New York City mortgage recording tax (MRT) is an excise tax imposed on the recording of a
mortgage on real property located in New York City, and is payable when the mortgage is recorded at
the City Register’s Office or, for properties located in Staten Island, Richmond County
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.
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.
Report on the Hotel Room Occupancy Tax that must be paid on the occupancy, or the right of occupancy, of a room/s in a hotel. The occupant of any room or rooms in a hotel must pay the tax. The hotel room occupancy tax year starts on March 1 and ends on the last day of February of the following year.
The Department of Citywide Administrative Services (DCAS) submitted the revised 2010 - 2017 benchmarking results for City government buildings to the Department of Finance (DOF) for publication on September 1, 2018 in compliance with Local Law 84 of 2009.
This report presents statistical information for Tax Year 2017 for three New York City business income taxes: The Business Corporation Tax (COR), the General Corporation Tax (GCT), and the Unincorporated Business Tax (UBT).
On or before May 1 of each year, The Department of Finance is required to submit an annual report to the New York City Council no later than May 1 detailing the activities of OTA during the preceding year