Section 489-S. Estimated railroad ceiling

Latest version.

Upon application of a county,
  city, town, village, school district  or  special  district,  the  state
  board  shall  establish  estimated  railroad ceilings for the assessment
  roll or rolls used thereby.   Such estimated railroad  ceilings  may  be
  used in the computation of average full valuation for tax and debt limit
  purposes  in accordance with the provisions of section 2.00 of the local
  finance law.

                    
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