S T A T E O F N E W Y O R K
________________________________________________________________________
212
2015-2016 Regular Sessions
I N A S S E M B L Y
(PREFILED)
January 7, 2015
___________
Introduced by M. of A. ABINANTI -- read once and referred to the Commit-
tee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to establishing
equalization rates for Greenburgh central school district
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 3 of section 1230 of the real property tax law,
as amended by section 54 of part A1 of chapter 58 of the laws of 2006,
is amended to read as follows:
3. Special equalization rates shall be established for the following
school districts:
Amityville union free school district
Brentwood school district
Central Islip school district
Freeport union free school district
GREENBURGH CENTRAL SCHOOL DISTRICT
Hempstead union free school district
Roosevelt union free school district
Tuckahoe union free school district
Uniondale union free school district
Westbury union free school district
Wyandanch school district
S 2. For calculation of aid apportioned to the Greenburgh central
school district for any project for which aid is first apportioned
pursuant to subdivision 6 of section 3602 of the education law on or
after July 1, 2015, the district shall compute aid under the provisions
of such subdivision using the greater of:
a. the building aid ratio computed for use in the current year; or
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02749-01-5
A. 212 2
b. a building aid ratio equal to the difference of the selected build-
ing aid ratio equivalent computed pursuant to this section, less one-
tenth.
(1) The selected building aid ratio equivalent shall be the positive
difference of:
(a) one, less
(b) the product, computed to three decimal places without rounding, of
(i) the quotient, computed to three decimal places without rounding,
of
(A) the quotient, computed to the nearest whole number without round-
ing, of
(I) the actual valuation of the school district, as defined pursuant
to subdivision 1 of section 3602 of the education law, divided by
(II) the equivalent pupils of the school district
(B) divided by the state average actual valuation per pupil computed
pursuant to subdivision 3 of section 3602 of the education law, multi-
plied by
(ii) fifty-one percent.
Such aid ratio shall not be less than zero.
(2) The equivalent pupils of the school district shall be the
quotient, computed to the nearest whole number without rounding, of
(a) an equivalent actual valuation equal to the amount that would be
computed obtained by taking the assessed valuation of taxable real prop-
erty within such district as it appears upon the assessment roll of the
town in which such property is located, for the calendar year two years
prior to the calendar year in which the base year commenced, after
revision as provided by law, and dividing it by the state equalization
rate as determined by the state office of real property services, for
the assessment roll of such town completed during such preceding calen-
dar year, divided by
(b) the product, computed to the nearest whole number without round-
ing, of
(i) the state average actual valuation per pupil computed pursuant to
subdivision 3 of section 3602 of the education law, multiplied by
(ii) the quotient, computed to three decimals without rounding, of
(A) the positive difference of
(I) one less
(II) the building aid ratio that was used or that would have been used
to compute an apportionment pursuant to subdivision 6 of section 3602 of
the education law in the 1999--2000 school year, divided by
(B) fifty-one one-hundredths.
The office of real property services shall determine such equivalent
actual valuation and shall report it to the state comptroller and the
commissioner of education. Such computations shall be deemed final and
not subject to change on or after July 1, 2016.
S 3. This act shall take effect immediately.