Agency overview | |
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Jurisdiction | New York City |
Agency executive | |
Key document | |
Website | www |
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. Its Parking Violations Bureau is an administrative court that adjudicates parking violations, while its Sheriff's Office is the city's primary civil law enforcement agency.
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.
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.