The New York City Department of Finance collects almost $12 billion in property taxes annually, maintains records for more than one million properties, conducts thousands of tax audits and adjudicates more than 1.5 million parking tickets each year.
New York City residents will continue to make their property tax payments securely with an American Express, Discover, MasterCard or VISA debit or credit card twenty-four hours a day, seven days a week, via the City's website at
www.nyc.gov/finance.
New York City property taxes for each fiscal year beginning July 1 are paid either quarterly or semi-annually. The next property tax due date is January 1, 2006 for 2nd half or 3rd quarter payments.
"Providing this convenient tax payment option to New York City residents is in keeping with my focus on making finance more efficient, more effective and more customer-friendly," said Finance Commissioner Martha E. Stark. "We are finding more owners are taking advantage of this service and paying online through Finance's website. For example, during the third quarter of calendar year 2004, online payments of property taxes doubled from the same quarter in the previous year."
