De Blasio tax returns for '13: $165K income

Mayor Bill de Blasio delivers remarks in the Mayor Bill de Blasio delivers remarks in the Great Hall at Cooper Union on April 10, 2014. Photo Credit: Charles Eckert

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Becoming mayor of New York has meant a big jump in income for Bill de Blasio and first lady Chirlane McCray, according to joint tax returns the couple released Tuesday.

De Blasio and McCray reported $165,047 in income last year, roughly equal to his salary at the time as the city's public advocate. He now gets $225,000.

McCray, as chairwoman of the Mayor's Fund to Advance New York City, does not get a salary. A poet and former speechwriter, she listed her occupation as writer but reported no 2013 earnings.

De Blasio's predecessor, Michael Bloomberg, was estimated by Forbes magazine last month to be worth $33 billion.

De Blasio and McCray received $52,200 in rent from a property they inherited from his late mother near their Park Slope home, but reported a $6,493 loss after insurance, mortgage interest, depreciation and other costs. They reported no investment dividends and $45 in interest income.

The couple gave $5,597, or 3.4 percent of their income, to charity. Beneficiaries included the Brooklyn Food Coalition, the Red Hook Initiative youth center and various churches, de Blasio's spokeswoman said.

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They owed $13,715 in federal taxes, $7,748 in state taxes and $4,170 in city taxes -- 15.5 percent of their adjusted gross income. The de Blasio children, Chiara, 19, who is in college, and Dante, 16, a high school student, are listed as dependents.

City officials are not required to release their tax returns to the public, but do so to project transparency. When mayor, Bloomberg disclosed his tax return highlights in broad ranges with few specific numbers.

City Council Speaker Melissa Mark-Viverito also released her returns Tuesday. She reported $128,521 in income and owed $20,460 in federal taxes. She listed no charitable donations.

Press representatives for Public Advocate Letitia James and Comptroller Scott Stringer said they would soon make their tax returns available to the public.

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