New York Consolidated Laws, Real Property Tax Law - RPT § 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:

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.  1