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The Laws of New York
Consolidated Laws of New York
CHAPTER 50-A
Real Property Tax
ARTICLE 12-A
Special State Equalization Ratios For Computing Constitutional Tax and Debt Limitations For Cities of One Hundred Twenty-five Thousand or More
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SECTION 1250
Definitions
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ARTICLE 12-A
Special State Equalization Ratios For Computing Constitutional Tax and Debt Limitations For Cities of One Hundred Twenty-five Thousand or More
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SECTION 1252
Manner by which ratios shall be determined
This entry was published on 2014-09-22
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SECTION 1251
Establishment of special equalization ratios
Real Property Tax (RPT) CHAPTER 50-A, ARTICLE 12-A
§ 1251. Establishment of special equalization ratios. The commissioner
shall, for a city with a population of one hundred twenty-five thousand
or more inhabitants, establish annually the ratio of the assessed
valuation to the full valuation of taxable real estate on the last
completed assessment roll and each of the four preceding assessment
rolls of such city in accordance with the provisions of this article.