DOF · Agency plan

Department of Finance

Preliminary REP pages 133-136

2 Short-Term 3 Medium-Term 1 Long-Term

Mission & Commitment

The Department of Finance (DOF) administers the collection of City taxes and certain fees; the assessment of real property; and various programs relating to property tax exemptions. DOF's racial equity goals focus on ensuring equitable access to property tax exemptions and abatements (particularly for low-income homeowners of color), improving language access, and addressing disparities in property assessment practices.

Short-Term Goals

Short-Term Equity in Agency Programs, Services & Resource Allocation

Identify and address barriers to access to DOF services in all communities, in all five boroughs, especially those historically underserved, so that customers can better receive available benefits and address violations to reduce disparities

Population focus: Underserved communities

Geographic focus: Citywide

Goal ID: DOF-G01

Short-Term Equity in Agency Programs, Services & Resource Allocation

Support implementation of the Cannabis Law licensing scheme to curb the rate of unlicensed sellers so that communities historically impacted by criminalization can benefit from this economic pathway

Population focus: Underserved communities

Geographic focus: Underserved neighborhoods (unspecified)

Goal ID: DOF-G02

Medium-Term Goals

Medium-Term Procurement & M/WBE Contracting

DOF has had a 30% goal for M/WBE utilization and will continue to implement and evaluate goals going forward to ensure they are consistent with federal, state, and local law

Population focus: M/WBE owners

Goal ID: DOF-G03

Medium-Term Community Engagement & Participation

Enhance outreach efforts citywide, prioritizing historically underserved neighborhoods based on agency disparity analysis, to increase awareness of property tax exemption and rent freeze programs, payment plan options for property taxes and other city debt, and prevention efforts for deed theft

Population focus: Underserved communities

Geographic focus: Citywide

Goal ID: DOF-G04

Medium-Term Housing Stability & Anti-Displacement

Provide protection for property owners from Deed Fraud and other potentially unlawful deed related violations

Population focus: General

Goal ID: DOF-G05

Long-Term Goals

Long-Term Workforce Diversity & Staff Training

Address any underrepresentation of staff within the agency through equitable hiring and recruitment practices for all vacancies

Population focus: Agency staff / employees

Goal ID: DOF-G06

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