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    Comptroller Audit Reveals the Improper Classification of Queens Properties

    Comptroller's Office  •  Comptroller Audit  •  Queens
    NYC Comptroller Scott Stringer. Image credit: Office of the New York City Comptroller

    NYC Comptroller Scott Stringer. Image credit: Office of the New York City Comptroller

    The audit report finds that the Department of Finance’s incorrect classification of Queens properties as mixed-use properties resulted in lost revenue for the City. On June 10, 2016, the Office of the City Comptroller Scott Stringer released a report of an audit conducted by the Department of Finance. The audit sought to determine whether the Department of Finance used procedures to ensure that properties classified as mixed-use in Queens had been properly classified.

    (more…)

    Tags : Audit Report, City Comptroller Scott Stringer, Department of Finance, Queens, Real Property Tax Law
    Date: 06/21/2016
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