N.Y. Comp. Codes R. & Regs. tit. 20, § 8186-2.4 – Computation of assessed value of taxable real property. | Midpage
§ 8186-2.4
N.Y. Comp. Codes R. & Regs. tit. 20, § 8186-2.4
Computation of assessed value of taxable real property.
Department of Taxation and Finance
(a) When computing a tentative equalization rate or ratio pursuant to section 8186-2.3 of this Subpart, the assessed value of the taxable real property equals the total assessed value of the locally assessed properties plus the total assessed value of the isolated properties, determined in accordance with the procedures for the rates or ratios for the appropriate assessment roll year.