New York City Department of Finance

Department of Finance
Agency overview
Jurisdiction New York City
Agency executive
Key document
Website www.nyc.gov/dof

The New York City Department of Finance (DOF) is the revenue service, taxation agency and recorder of deeds of the government of New York City.[1] It also operates the Parking Violations Bureau, an administrative court that adjudicates disputes over parking violations.[2]

Responsibilities

The Department of Finance (DOF) collects more than $33.2 billion in revenue for the City and values more than one million properties worth a total market value of $988 billion. In addition, DOF also:

Through the Mayor's Office of Pensions and Investments, the Department of Finance also advises the Administration on the City's $160 billion pension system and $15 billion deferred compensation plan.

Organization

History

In 1986 the department's Parking Violations Bureau was at the center of a corruption scheme involving kickbacks (bribes) over the selection of hand-held computers for issuing traffic summonses.[3]

See also

References

  1. New York City Charter § 1501; "There shall be a department of finance, the head of which shall be the commissioner of finance."
  2. 19 RCNY § 39-01 et seq.
  3. Meislin, Richard J. (11 March 1986). "EX-OFFICIAL SAYS HIS FRAUD GOT COMPUTER PACT". The New York Times.

External links

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