The NYC Department of Finance collects over $33.6 billion in revenue for the City and values more than one million properties worth a total market value of $988 billion. In addition, Finance also:
• Records property-related documents;
• Administers exemption and abatement programs;
• Adjudicates and collects parking tickets;
• Maintains the city's treasury;
• Participates on and provides administrative support for the NYC Banking Commission;
• and Acts as the City's chief civil law enforcement officer
Through the Mayor's Office of Pensions and Investments, Finance also advises the Administration on the $160 billion City pension system and $15 billion deferred compensation plan.
