How often are tax bills issued according to the provided information?

Tax bills are typically issued on a quarterly and semi-annual basis, which aligns with common billing practices for property taxes in many jurisdictions, including New York City. This schedule allows for regular collection of tax revenue throughout the year, facilitating ongoing funding for public services and infrastructure. By issuing bills quarterly or semi-annually, the city can manage its cash flow effectively and ensure that the costs related to public services are covered consistently. The quarterly or semi-annual issuance also provides taxpayers with manageable periods for payment, rather than overwhelming them with yearly bills, which can lead to challenges in budgeting for homeowners and property owners. This approach balances the need for consistent revenue collection with the need for taxpayer convenience.