To All Trade Waste Broker Registrants:
All financial statements for the 2023 calendar year must be filed with the Business Integrity Commission (“BIC”) on or before June 30, 2024. The form for the 2023 financial statements is available on the Commission’s website: https://www.nyc.gov/bic.
This PDF file contains the Council's respective responses which seek to increase accountability in the budget process with simultaneous emphasis
on the importance of investing in local communities and the local economy in order to secure a strong, fair and equitable recovery for New York City.
This PDF file contains New York City Council's Response to the Fiscal 2024 Preliminary Budget and Fiscal 2023 Preliminary Mayor's Management Report (PMMR) as required by the New York City Charter section 247 (b) and 12 (e).
The City of New York’s Comprehensive Annual Financial Report (CAFR) for Fiscal Year 2018. This
report, shows that The City of New York (City) completed its Fiscal Year with a General
Fund surplus, as determined by Generally Accepted Accounting Principles (GAAP), for the 38th consecutive year.
Presentation of the audit report on New York City Health + Hospitals’ Oversight of its certain assisting organizations that furnish financial support for Health + Hospitals through various fundraising activities.
Presentation of the audit of New York City Board of Education Retirement System’s controls over the identification of improper benefit payments to deceased recipients.
Presentation of the audit report of New York City Department of Environmental Protection to verify whether the agency is properly managing the exemption from water and sewer charges granted to property owners and demanding property owners to recertify for the exemption.
Fiscal Year 2023 begins in a period of significant economic uncertainty. There are meaningful signs of continued recovery from the pandemic, with jobs at 96% of pre-pandemic levels, tourism and Broadway rebounding, record numbers of new business applications, and tax revenues coming in...
FY22 began with $8.469 billion in cash-on-hand, compared to $6.627 billion in the beginning of FY21. However, the gap between current cash balances and prior year cash balances quickly disappeared, and FY22 cash balances have been running close to year-ago levels ever since.
The objective of this audit was to determine whether the City’s Department of Finance (DOF) has controls in place to ensure that: (1) DOF can readily identify all Service Providers subject to the law’s requirement to collect the 911 surcharge...
The City of New York can ensure that NYC remains a place that people want to build families, start businesses, and create new ideas by investing in high quality public education from pre-K to university, universal child care, robust public transit, and affordable housing
The PAFR serves as an accessible guide to the ACFR for residents and explains New York City government and finances in a concise and easy-to-understand manner. The PAFR is also enhanced with several explanatory visuals for readers.
New York City prepares for future crises from extreme weather to future health emergencies, City agencies must be prepared to contain emergency spending costs.
The Comptroller’s Annual State of the City’s Economy and Finances Report, released each year in December, is designed to provide a grounding for analysis as the City prepares to begin its annual budget process early in the new year.
In this report, tax receipts, with the exception of personal income tax, are gross of refunds. Real property tax and personal income tax are gross of debt service funding.
This Spotlight examines how the City’s actual General Fund revenues and expenditures compare to the projections in the budgets adopted in June of the previous year, and how this performance evolved over the past decade
Contracting is how the City meets many of our goals and provides services to New Yorkers. City agencies contract with vendors to provide meals to home-bound seniors, childcare and afterschool programs for kids, construction projects to build new schools, upgrade our parks, repair our roads.
The audit found that the Kingsbridge Business Improvement District (BID) provides supplemental services, including sanitation services, holiday lights and seasonal decorations, marketing and special events, and streetscape and beautification.
The report identifies and examines seven factors that are associated with student loan default among New Yorkers, while also highlighting trends across New York City neighborhoods.
The Report’s findings show that although New Yorkers’ delinquency and default rates are slightly lower than the national average, certain NYC neighborhoods are experiencing significantly higher rates of delinquency and default despite the fact that their residents have low average loan balances.
DCA, Consulate General of Mexico, and Citi released a report on the first year of the Ventanilla de Asesoría Financiera (Financial Empowerment Window), outlining the program's origin, design, implementation, successes, challenges, and lessons learned.
Prepared for the October 2013 NYC Financial Empowerment Conference, the compendium includes papers from over 20 partner organizations detailing the innovative ways they are helping to financially empower New Yorkers.
In this latest report we outline the scale of the student loan debt problem; highlight findings from our previous student loan reports; summarize testimony from the hearing; and offer policy recommendations.
This report documents what we learned from dozens of worker-owner members, cooperative business development professionals, and financial empowerment practitioners, and provides some actionable next steps to further improve financial health for worker-owners.
This brief, which was commissioned by the New York City Department of Consumer Affairs’ Office of Financial Empowerment, examines both sides of people's balance sheets; that is, both their savings and debt levels.
The Study is one of the first field research initiatives in New York City to look specifically at the financial needs and practices of recent immigrants. The full report is a comprehensive overview of the data, analysis, and key findings.
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
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
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.
On March 17, 2021, the IRS extended the April 15, 2021 filing deadline for 2020 Personal Income tax returns to May 17, 2021. Those taxpayers are encouraged to request an extension and pay any tax due by the April 15, 2021deadline
Per Local Law 62: Semi-annually billed properties that were late in paying their property taxes due July 1st, 2020 could be eligible for a reduction of interest that they would otherwise be charged for the period from July 1st through October 15th, 2020.
NYC Department of Finance Commissioner Jacques Jiha, Ph.D. Testimony on the FY'20 Preliminary Budget Hearing before the City Council Finance Committee.
The findings of the Temporary Lien Sale Taskforce, required by LL13/2015, AC 11-356, incl. (i) recommendations for administrative or legislative changes; (ii) any findings or facts that support such recommendations, (iii) evaluation of installment agreements and consideration of prospective changes.
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.
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
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.
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
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
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.
On January 22, 2015, Mayor Bill de Blasio signed Local Law 11 of 2015. The bill, approved by
the New York City Council at its stated meeting on January 7, 2015, requires the New York City
Department of Finance (DOF) to report annually to the city council on outstanding Environmental
Control Board
The sale of tax liens is an enforcement mechanism used in cities throughout the
country. The New York City Tax Lien Sale program (the Program) originated in 1996
with the intent of improving real property tax compliance, and as a last-resort
enforcement and collection mechanism
The Real Property Transfer Tax (RPTT) is imposed on the consideration for the following conveyances
or transfers where the consideration exceeds $25,000:
The Real Property Transfer Tax (RPTT) is imposed on the consideration for the following conveyances
or transfers where the consideration exceeds $25,000:
The Real Property Transfer Tax (RPTT) is imposed on the consideration for the following conveyances
or transfers where the consideration exceeds $25,000:
Since 2009 DCAS has worked with 28 agencies to benchmark almost 3.000 buildings. Benchmarking measures the total electricity, natural gas, steam and fuel ol consumed in a building.
Since 2009, DCAS has worked with 28 City
operating agencies to benchmark over 3,000 buildings including libraries, police stations, firehouses,
schools, courthouses, health clinics, community centers and government offices. In Excel Data
As part of the Greener, Greater Buildings Plan, the Department of Citywide Administrative
Services (DCAS) submitted revised 2010 – 2012 benchmarking results for City buildings to the
Department of Finance (DOF) for publication on September 1, 2013.
In compliance with Local Law 84 of
2009. 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. LIsted in Excel
Since 2009, DCAS has worked with 28 City
operating agencies to benchmark over 3,000 buildings including libraries, police stations, firehouses,
schools, courthouses, health clinics, community centers and government offices.
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
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. *
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:
This report presents statistical information for tax year 2008 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 presents statistical information for Tax Year 2016 for three New York City business
income taxes: the Business Corporation Tax (COR), the General Corporation Tax (GCT), and the
Unincorporated Business Tax (UBT).
The commercial rent tax (CRT) is imposed on the rent paid by tenants who occupy or use real property for
commercial purposes in Manhattan south of 96th Street.
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 2018 (June 1, 2017 – May 31, 2018)
returns and CRT collections data from Department of Finance records.
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.
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
In compliance with Local Law 84 of
2009. Since 2009, DCAS has coordinated with City agencies to benchmark nearly 3,000
buildings including libraries, police stations, firehouses, schools, colleges, courthouses,
hospitals, community centers and government offices.
In compliance with Local Law 84 of
2009. Since 2009, DCAS has coordinated with City agencies to benchmark nearly 3,000
buildings including libraries, police stations, firehouses, schools, colleges, courthouses,
hospitals, community centers and government offices.
In compliance with Local Law 84 of
2009. 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.
. 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.
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.
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).
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
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 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.
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 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 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 for tax year 2005 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 presents statistical information for tax year 2006 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 presents statistical information for tax year 2007 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).