N.Y. Real Property Tax Law § 1226: Special equalization rates; tax apportionment

§ 1226. Special equalization rates; tax apportionment. 1. If the

commissioner finds that there has been a material change in level of

assessment in a town or city since the last state equalization rate was

established, it shall determine and certify a special equalization rate

for tax apportionment purposes to the district superintendent of schools

for use in the apportionment of school taxes as provided in section

thirteen hundred fourteen of this chapter.

2. If the commissioner finds that the last state equalization rate is

inequitable for part of a town or city within a school district or

special district, it shall determine a special equalization rate for

such part and shall furnish such rate to the district superintendent of

schools or the clerk of the county legislative body, as the case may be;

provided that with respect to levies on behalf of special districts, the

same be certified at least fifteen days prior to the last date set by

law for such levy.

3. If the commissioner finds that the latest state equalization rate

for a town is inequitable for the town or part thereof located in a

village which has adopted a local law pursuant to subdivision three of

section fourteen hundred two of this chapter, it shall determine a

special equalization rate and furnish such rate to the clerk of the

village board of trustees.