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This entry was published on 2014-09-22
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SECTION 489-PP
Estimated railroad ceiling
Real Property Tax (RPT) CHAPTER 50-A, ARTICLE 4, TITLE 2-B
§ 489-pp. Estimated railroad ceiling. Upon application of a county,
city, town, village, school district or special district, the
commissioner shall establish estimated railroad ceilings for the
assessment roll or rolls used thereby. Such estimated railroad ceilings
may be used in computation of average full valuation for tax and debt
limit purposes in accordance with the provisions of section 2.00 of the
local finance law.