What's happening
This bill requires that payment in lieu of taxes (PILOT) values be included in the assessed valuation when apportioning central high school district expenses.
Why it matters
Ensures PILOT properties contribute to school funding calculations. By including the "payment in lieu of taxes" (PILOT) assessed values in the formula, areas with these agreements will count toward their share of high school district expenses, preventing them from paying less than their fair portion.
Addresses equity concerns between districts. School districts with significant PILOT arrangements (often for large commercial or industrial properties) will no longer be able to shift more of the financial burden onto other districts that lack such agreements, promoting fairer cost-sharing.
Could impact local tax rates and school budgets. The change may lead to adjustments in how much each district must raise from property taxes, potentially affecting homeowners, businesses, and the overall funding available for central high schools.
May influence future PILOT negotiations. Knowing that PILOT values count toward school expense apportionment could change how local governments approach these agreements with developers or businesses, possibly affecting economic development strategies.
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Who cares
Central high school district boards of education
The bill would require them to include the total assessed value of payments in lieu of taxes when apportioning debt and operating expenses among constituent districts.
Union free and common school districts
Their shares of central high school expenses could change under the revised assessed-value calculation.
Property taxpayers in constituent school districts
The revised allocation could change the amounts their districts must raise through property taxes to cover central high school expenses.
Headline styles
Revise School Cost Sharing
Plain English, a few words. Used as the page title.
Sponsors
2 Co-sponsors
History
- Referred to education
- Referred to education
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
2986
2017-2018 Regular Sessions
IN ASSEMBLY
January 23, 2017
Introduced by M. of A. CURRAN -- read once and referred to the Committee on Education
AN ACT to amend the education law, in relation to the apportionment of expenses
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subdivision 1 of section 1908 of the education law is amended to read as follows:
1. The board of education of such central high school district shall cause to be apportioned among the school districts included in such central high school district the amount required for the payment of the principal and interest of all obligations issued for the purchase or acquisition of a school site, the erection thereon of a new school building and the construction of improvements and other structures on such site, and for the payment of the authorized expenditures for the maintenance, support and expenses of such high school during the ensuing school year. There shall be apportioned to each such district such portion of such amount as the assessed valuation of the taxable property in such district bears to the total assessed valuation of all the school districts included in such central high school district, including the total assessed value of payment in lieu of taxes, as appears from the last preceding assessment roll. The board of education of such central high school district shall on or before July first of each year present to the board of education of each union free school district and to the trustee or board of trustees of each common school district in such central high school district a certified statement of the portion of such amount to be paid by each of such districts, except that in a central high school district where the board of education has by resolution pursuant to section nineteen hundred six of this article determined that the annual meeting of such central high school district shall be held on the last Tuesday in April, and where the annual meeting has
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD07445-01-7
A. 2986 2
been so held, the board of education of such central high school district must present the above mentioned certified statement in the manner above set out on or before May tenth of each year, and the said boards of education, boards of trustees or trustees shall cause the same to be raised by tax on the taxable property in such districts in the same manner as other taxes for the support and maintenance of the schools therein.
§ 2. This act shall take effect immediately.
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.