New York City Department of Finance

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Department of Finance
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Agency overview
Jurisdiction New York City
Agency executive
Key document
Website www.nyc.gov/dof

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. [1] 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. [2]

A revenue service, revenue agency or taxation authority is a government agency responsible for the intake of government revenue, including taxes and sometimes non-tax revenue. Depending on the jurisdiction, revenue services may be charged with tax collection, investigation of tax evasion, or carrying out audits.

Recorder of deeds

Recorder of deeds or Deeds registry is a government office tasked with maintaining public records and documents, especially records relating to real estate ownership that provide persons other than the owner of a property with real rights over that property.

The government of New York City, headquartered at New York City Hall in Lower Manhattan, is organized under the New York City Charter and provides for a "strong" mayor-council system. The mayor is elected to a four-year term and is responsible for the administration of city government. The New York City Council is a unicameral body consisting of 51 members, each elected from a geographic district, normally for four-year terms. All elected officials—other than those elected before 2010, who are limited to three consecutive terms—are subject to a two consecutive-term limit. The court system consists of two citywide courts and three statewide courts.

Contents

Responsibilities

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:

New York City Sheriffs Office New York Citys civil law enforcement agency

The New York City Sheriff's Office (NYSO), officially the Office of the Sheriff of the City of New York, is the primary civil enforcement agency for New York City. The Sheriff's Office is a division of the New York City Department of Finance, operating as the civil enforcement arm. The Sheriff's Office is headed by a sheriff, who is appointed to the position by the mayor, unlike most sheriffs in New York State who are elected officials.

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

Orgchart1.pdf

History

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. [3]

A kickback is a form of negotiated bribery in which a commission is paid to the bribe-taker in exchange for services rendered. Generally speaking, the remuneration is negotiated ahead of time. The kickback varies from other kinds of bribes in that there is implied collusion between agents of the two parties, rather than one party extorting the bribe from the other. The purpose of the kickback is usually to encourage the other party to cooperate in the illegal scheme.

See also

New York State Department of Taxation and Finance government agency

The New York State Department of Taxation and Finance (NYSDTF) is the department of the New York state government responsible for taxation and revenue, including handling all tax forms and publications, and dispersing tax revenue to other agencies and counties within New York State. The Department also has a law enforcement division, the New York State Office of Tax Enforcement. Its regulations are compiled in title 20 of the New York Codes, Rules and Regulations.

Internal Revenue Service Revenue service of the United States federal government

The Internal Revenue Service (IRS) is the revenue service of the United States federal government. The government agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States. The IRS is responsible for collecting taxes and administering the Internal Revenue Code, the main body of federal statutory tax law of the United States. The duties of the IRS include providing tax assistance to taxpayers and pursuing and resolving instances of erroneous or fraudulent tax filings. The IRS has also overseen various benefits programs, and enforces portions of the Affordable Care Act.

The New York City Office of Administrative Trials and Hearings (OATH) is an administrative court of the New York City government. It is a non-mayoral executive agency and is not part of the state Unified Court System.

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United States Department of the Treasury United States federal executive department

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Department of Finance (Philippines) national executive department of the Philippines

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IRS Criminal Investigation Division Financial crimes investigation division of the IRS

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References

  1. New York City Charter § 1501; "There shall be a department of finance, the head of which shall be the commissioner of finance."
  2. 19 RCNY § 39-01 et seq.
  3. Meislin, Richard J. (11 March 1986). "EX-OFFICIAL SAYS HIS FRAUD GOT COMPUTER PACT". The New York Times .