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New York City Tax Growth Chart Based on New York City Independent Budget Office Summary. S.7000-A is the name given to the current dominant property tax law in effect in New York State affecting New York City. Surrounding areas such as Nassau County have similar laws. The bill was enacted in 1981 in response to the Hellerstein decision ...
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. It collects and administers taxes, records property documents, adjudicates parking violations, oversees the Sheriff's Office and advises on pensions and investments.
Learn how property tax is imposed, computed, and collected by local governments in the US. Find out the factors that affect property tax rates, such as property type, assessment ratio, and taxing jurisdiction.
Learn about PILT or PILOT, a payment made to compensate a government for some or all of the property tax revenue lost due to tax exempt ownership or use of real property. Find out how PILT works in Canada and the United States, and see examples and controversies.
Learn about the property tax exemption for new multifamily housing in New York City, its history, requirements, and controversies. The program, also known as Affordable New York, offers tax breaks to developers who create affordable units in certain areas.
An assessor's parcel number (APN) is a unique identifier for real property assigned by the tax assessor of a jurisdiction. Learn about the meaning, format, and usage of APNs in the United States and the oil and gas industry.
Borough, Block and Lot (BBL) is the parcel number system used to identify real estate in New York City. It consists of three numbers, separated by slashes, indicating the borough, block and lot of a property.
Property tax is an ad valorem tax on the value of a property, expressed as a percentage or per mille (millage). Learn about the different types, forms and rates of property tax across jurisdictions, such as Armenia, Australia, Brazil and the US.
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