About Finance

The Department of Finance collects over $30 billion in revenue for the City and values more than one million properties worth a total of over $800 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 $130 billion City pension system and $12 billion deferred compensation plan.