What's happening
This bill updates the method for calculating school tax proportions in districts spanning multiple cities or towns, using current state equalization rates.
Why it matters
Ensures fairer tax distribution. By requiring the use of the "current" state equalization rates (instead of the possibly outdated “latest” rates), the bill aims for a more accurate reflection of real property values across different towns or cities within a school district. This could lead to a more equitable distribution of school taxes among residents.
Responds to property value changes. Property values can shift significantly from year to year. Using the most up-to-date equalization rates helps ensure that tax burdens keep pace with these changes, preventing some areas from being unfairly over- or under-taxed due to lagging data.
Affects budgeting and planning for schools and taxpayers. More precise tax proportions can impact school district budgeting, as well as how much individual property owners are asked to pay. This could result in noticeable changes to tax bills, especially in rapidly changing real estate markets or communities that span diverse municipalities.
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Who cares
District superintendents
They would have to use the current state equalization rates then in effect when annually determining each city or town portion’s share of a school district’s tax levy.
School authorities in districts without a district superintendent
They would carry out the same annual tax-apportionment requirement using current state equalization rates then in effect.
Property owners in school districts spanning multiple cities or towns
The rates used to apportion the school tax levy would help determine the share assigned to their city or town portion.
Headline styles
Fair School Tax Calculation
Plain English, a few words. Used as the page title.
Sponsors
2 Co-sponsors
History
- Held for consideration in real property taxation
- Referred to real property taxation
- Referred to real property taxation
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
5359
2019-2020 Regular Sessions
IN ASSEMBLY
February 11, 2019
Introduced by M. of A. DiPIETRO -- read once and referred to the Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to the equalization in school districts located in more than one city or town
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Paragraph (d) of subdivision 1 of section 1314 of the real property tax law, as amended by chapter 158 of the laws of 2002, is amended to read as follows:
(d) Such district superintendent shall also determine what proportion of any tax to be levied in such school district for school purposes during the current school year shall be levied upon each part of a city or town included in such school district by dividing the sum of the full valuation of real property in such part of a city or town by the total of all such full valuations of real property in such school district. Such proportions shall be expressed in the nearest exact ten thousandths and the school authorities of such school district shall levy such a proportion of any tax to be raised in the school district during the current school year upon each part of a city or town included in such school district as shall have been determined by the district superintendent. A new proportion shall be determined for each school year thereafter by the district superintendent in accordance with the provisions of this section by the use of the [latest] current state equalization rates then in effect. In any such school district that is not within the jurisdiction of a district superintendent of schools, the duties which would otherwise be performed by the district superintendent under the provisions of this section, shall be performed by the school authorities of such district.
§ 2. This act shall take effect on the first of January next succeeding the date on which it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD07639-01-9
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.