New York Statutes

§ 1908 — Apportionment of expenses

New York·Law EDN Education·Title 2 School District Organization·Art. 39 Central High School Districts

§ 1908. Apportionment of expenses.

1.The board of education of such\ncentral high school district shall cause to be apportioned among the\nschool districts included in such central high school district the\namount required for the payment of the principal and interest of all\nobligations issued for the purchase or acquisition of a school site, the\nerection thereon of a new school building and the construction of\nimprovements and other structures on such site, and for the payment of\nthe authorized expenditures for the maintenance, support and expenses of\nsuch high school during the ensuing school year. There shall be\napportioned to each such district such portion of such amount as the\nassessed valuation of the taxable property in such district bears to the\ntotal assessed valuatio

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