Form Rpie-2016-U - Utility-Related Equipment Reporting Instructions

2016 UTILITY PROPERTY (REUC) INCOME AND EXPENSE

Including Utility-Related Equipment Reporting Instructions

GENERAL INFORMATION

Owners of income-producing properties with an actual assessed value of more than $40,000 are required to file Real Property Income and

Expense statements (“RPIE”) with the Department of Finance (“Finance”) annually, unless the properties are specifically excluded by law

from the filing requirements. Owners of power plants, generators, telecommunication lines and other untility-type equipment are required

to file RPIE statements, regardless of owner occupancy. This includes the use and cost of all such property owned, retired and added to

inventory in the City of New York at the end of the reporting year

IMPORTANT FILING INFORMATION

Deadline for submission for all RPIE filings is June 1, 2017.

All filers are legally required to file electronically

The failure to timely file a complete and accurate RPIE is subject to penalty. Property owners should also be aware that they will lose the right to a

hearing at the New York City Tax Commission if they do not file the RPIE on time.

CUSTOMER ASSISTANCE

If you have any questions not covered in the Utility Property (REUC) Income and Expense filing Instructions or on the Finance web site,

please email Finance at utilityrpie@finance.nyc.gov

FILING HIGHLIGHTS

YOU CAN FILE FOR ALL YOUR REUC PROPERTY IN ONE FILING

There is no need to file separate RPIE statements by each lot or each borough. We’ve structured the REUC RPIE-2016 filing so that

you can enter all of the information into one filing per billing entity.

STARTING YOUR FILING

Choose the “RPIE for REUC” filing option at nyc.gov/rpie and then enter ONE of the billing (pseudo) BBLs you own. In Section D-F, you

will be asked to complete a Structures and Equipment spreadsheet that is pre-populated with all the REUC properties you own.

USING THE STRUCTURES AND EQUIPMENT SPREADSHEET

You will need to download, complete and then upload the Structures and Equipment spreadsheet to your RPIE filing. The spreadsheet

is provided in a .csv format, but can be completed in any spreadsheet format. Please note that it must be converted to Excel before being

uploaded for filing.

NEW COLUMN: COMMENTS

We have added a column to the Structures and Equipment spreadsheet for your comments on a specific property or piece of equipment

(see Column L). For all other questions, email utilityrpie@finance.nyc.gov

COMPLETE FILING

You must submit a complete Structures and Equipment spreadsheet for all your REUC property. Do not delete, add or move columns

or submit another report in lieu of the Structures and Equipment spreadsheet. Be sure to report all costs and information requested. In-

complete filing may be deemed non-compliant.

CHANGES IN OWNERSHIP

- New property: Add lines to the Structures and Equipment spreadsheet for any new property.

- Sold property: If you do not own an REUC property listed on your Structures and Equipment spreadsheet, please let us know at

utilityrpie@finance.nyc.gov.

ACCESSING THE RPIE FOR REUC APPLICATION

1. Access the RPIE application at nyc.gov/rpie.

2. Click on the “RPIE for REUC (2016)” link.

3. You will then be asked to enter one billing (pseudo) borough/block/lot identifier to start the filing. This billing BBL appears on your

Finance Property Tax Bill and your Notice of Property Value (NOPV). You can also use the link provided to look up billing BBLs

affiliated with REUC idents. The filing process starts with the identification of one billing BBL. If you are required to file for addi-

tional billing BBLs under the same entity name and EIN, you can do so with one submission.

4. After entering the billing BBL, you will be asked to choose an action (create, continue or amend a filing, etc.) and to create or

enter a password for the filing. To enter a new password, highlight the password field and enter a unique password. Please note

and retain this password, as you will need it if you wish to amend a filing or complete a previously started filing.

Form Rpie-2016-U - Utility-Related Equipment Reporting Instructions - 2016 Page 2

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