To understand how we assess your property and calculate your tax bill visit Assessments.
Where do your tax dollars go?
In New York City, property tax represented 43% of all the city tax dollars collected in fiscal years 2023, which ended on June 30, 2023. This chart shows how all city tax dollars were spent.
20%
Health & Welfare
26%
Education
27%
Uniform Agencies (police, Fire, Sanitation, Corrections)
27%
Other Agencies (Transportation, Housing, Parks, etc)
You will receive a property tax bill if you pay the taxes yourself and have a balance. If a bank or mortgage company pays your property taxes, they will receive your property tax bill. Bills are generally mailed and posted on our website about a month before your taxes are due.