Section 1908. Apportionment of expenses

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,  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 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 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.  The  board  of  education of a central high school district in the
  county of Westchester shall present such  certified  statements  to  the
  board  of  education  of  each  union  free  school  district and to the
  trustees or board of trustees of each common  school  district  in  such
  central high school district on or before the third Tuesday in June each
  year, and such boards of education, boards of trustees or trustees shall
  include  such  amount  in  the annual school taxes of such districts and
  certify the same to the supervisor of the town before  July  first  each
  year as provided in the laws applicable to such county.
    3.  The  board  of  education  or the trustees of each school district
  within and forming a part of such central high school  district  situate
  within  the  county  of  Nassau,  within  ten  days after receipt of any
  payment of moneys  raised  by  taxation  as  determined  by  the  school
  district  assessment  roll,  shall  pay  or cause to be paid over to the
  treasurer of such central high school district a sum of money  not  less
  than  an  amount  which bears the same ratio to such payment received by
  the said board of education or trustees as such school district's  share
  of  the  central  high  school  budget bears to the total budget of such
  school district.