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.
Report summary of the current effective concession awards, date each concession was submitted to the Comptroller for registration, brief description of each concession awarded, method by which concession was awarded, the approximate gross revenues received by the City for each concession of prior FY
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