N.Y. Real Property Tax Law § 1618: Equalization

§ 1618. Equalization. 1. The commissioner shall establish equalization

rates for a consolidated assessing unit in the manner provided by

article twelve of this chapter, except as otherwise provided by this

section.

2. Once the first final assessment roll of a consolidated assessing

unit has been completed and filed, each market value survey commenced

thereafter shall be conducted with respect to the consolidated assessing

unit as a whole, rather than with respect to the constituent

municipalities.

3. Beginning with the first equalization rate which is based upon a

market value survey of a consolidated assessing unit as a whole, the

commissioner shall establish equalization rates for the consolidated

assessing unit as a whole, and shall not establish such rates for the

constituent municipalities.

4. For purposes of the review and establishment of an equalization

rate for a consolidated assessing unit, the consolidated assessing unit

shall have the rights that would otherwise be applicable to a city or

town, including:

(a) The notice of completion of the tentative equalization rate for

the consolidated assessing unit shall be directed to the consolidated

assessing unit.

(b) The consolidated assessing unit shall be entitled to file a

complaint with respect to such rate.

(c) The certificate of final equalization rate for a consolidated

assessing unit shall be filed with the consolidated assessing unit.

5. When the commissioner has established a final equalization rate for

a consolidated assessing unit as a whole, school district and county

taxes within the consolidated assessing unit shall be apportioned

without the use of equalization rates, notwithstanding the provisions of

articles eight and thirteen of this chapter.