New York Statutes
§ 1254 — Use of special equalization ratios
New York·Law RPT Real Property Tax·Art. 12-A Special State Equalization Ratios For Computing Constitutional Tax and Debt Limitations For Cities of One Hundred Twenty-five Thousand or More
§ 1254. Use of special equalization ratios. Notwithstanding the\nprovisions of any general or special law, the ratios established in\naccordance with the provisions of this article shall be used in\ncalculating average full valuation of taxable real estate of a city in\ncomputing and applying the limitation on the amount to be raised by tax\non real estate pursuant to section ten of article eight of the\nconstitution and the limitation on local indebtedness pursuant to\nsection four of article eight of the constitution for the fiscal year of\nsuch city for which such assessments are used in computing such\nlimitations.\n
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