New York City Department of Finance

Responsibilities

The New York City Department of Finance (DOF) collects more than $40 billion in revenue for the City and assesses more than 1.1 million properties that have a combined total market value of $1.3 trillion. In addition, DOF 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
• Oversees the New York City Sheriff's Office, which acts as DOF's law enforcement division and the City's chief civil law enforcement agency. 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

• Commissioner of Finance: Preston Niblack
  • First Deputy Commissioner: Jeffrey Shear
    • Deputy Commissioner for Treasury and Payment Services
      • Payments and Receivable Services
      • Adjudications and Parking (Parking Violations Bureau)
      • City Register and Land Records
      • Collections
      • Treasury Operations
      • Payment Operations
    • Deputy Commissioner for Tax Audit and Enforcement
      • Tax Audit
      • Tax Enforcement
      • Property Valuation
    • Deputy Commissioner for Property Division
      • Property Exemption Administration
      • Property Valuation and Tax Mapping
    • Chief Information Officer for Finance Information Technology
      • Property, Collections and Accounting Applications
      • Network Operations
      • Parking and Payment Applications
      • Project Management
      • Tax Policy, Audit and Assessment Applications
      • BTS Systems Modernization
    • Deputy Commissioner for General Counsel
      • Legal Affairs
      • Department Advocate's Office
    • Chief Financial Officer for Administration and Planning
      • Employee Services
      • Financial Management
      • ACCO
    • Deputy Commissioner and Sheriff
      • First Deputy Sheriff

History

In 1801, New York City created the Office of the Comptroller and the City Council was charged with appointing a New York City Comptroller. In 1831, the New York City Department of Finance was established, with the Comptroller serving as its head.

References

References

1. "Fiscal Year 2020 New York City Government Workforce Profile Report". [[New York City Department of Citywide Administrative Services]].
2. [[New York City Charter]] § 1501; "There shall be a department of finance, the head of which shall be the commissioner of finance."
3. 19 [[New York City Rules]] (RCNY) § 39-01 ''et seq.''
4. [https://comptroller.nyc.gov/about/office-history/ "Office History"], ''New York City Comptroller website''. Retrieved 20 December 2025