N.Y. Highway Law § 281: Mileage and actual valuation

§ 281. Mileage and actual valuation. 1. The mileage of highways in

towns to be used in determining the amounts to be paid to such towns

under the provisions of this article shall be the tables of mileage

heretofore prepared by the state engineer, until the corrected tables of

mileage prepared as provided in section ten of this chapter are filed.

Such tables and all corrections thereof shall be filed in the department

of transportation and with the comptroller. The actual valuation of real

property to be used in determining such amounts shall be the full

valuation thereof, according to the latest table of percentages of

assessments as fixed and determined by the commissioner of taxation and

finance.

2. The actual valuation shall be determined by applying the

percentages contained in the latest table of percentages of assessments

as fixed and determined by the state tax commission, to the assessed

valuations of the several towns as they appear on the statement of the

clerk of the board of supervisors for the year prior to the levy of

taxes upon which is based the amounts to be paid as provided in section

two hundred and seventy-nine.