Collects property taxes, business taxes, parking and camera violation fines, and other city revenue. Also assesses the value of every property in New York City and manages tax exemption and abatement programs. DOF is the city's tax collector -- property taxes alone bring in $35 billion a year, which is about 43% of all city tax revenue. If you own property, get parking tickets, or pay business taxes, DOF is the agency you're dealing with. Their property assessments also determine how much every building in the city pays.
Spending
$1.71B
9,484 transactions →
Payroll
$126.2M
35,066 pay records →
Budget (Adopted)
$371.2M
$195.9M spent
Avg Salary
$88.3K
across 35,066 records
Did You Know
NYC's total property is worth $1.66 trillion -- more than the GDP of all but about a dozen countries. The Department of Finance individually assesses over 1.1 million properties every year to determine how much each one owes.
| STATE OF NEW YORK | $895.0M |
| NEW YORK CITY TRANSIT AUTHORITY | $430.5M |
| METROPOLITAN TRANSPORTATION AUTHORITY | $149.7M |
| ADMINISTRATION & PLANNING | $36.6M |
| PROPERTY | $22.5M |
| CITY TAX AUDITOR | 5,407 staff | $80.1K avg |
| DEPUTY CITY SHERIFF - NON-SPVR | 3,674 staff | $63.7K avg |
| PRINCIPAL ADMINISTRATIVE ASSOCIATE - NON SUPVR | 3,625 staff | $66.1K avg |
| CA (DOF ONLY) | 2,564 staff |
| $51.4K avg |
| CITY ASSESSOR (I, II, IIIA, IIIB) | 1,907 staff | $92.7K avg |
Who It Serves
Property owners, businesses, and anyone who gets a parking ticket -- which is basically every New Yorker at some point.
Category
Finance & Fiscal