NY Real Prop Tax L § 1608 (2021)
2021 New York Laws RPT - Real Property Tax Article 16 - Consolidated Assessing Units 1608 - Adoption of Operating Budget.

§  1608.  Adoption of operating budget. 1. Each consolidated assessing   unit shall adopt an  operating  budget  and  submit  the  same  to  each   constituent  municipality no later than September first of each year, or   in Westchester county, no later than October first of each year.    Such   budget  must be approved or disapproved by a majority of the constituent   municipalities within twenty-five days of such submission. If the budget   is disapproved, the consolidated assessing unit must  submit  a  revised   budget  to  the  constituent  municipalities for approval or disapproval   within ten days  of  such  disapproval.  Such  revised  budget  must  be   approved  or disapproved by a majority of the constituent municipalities   within fifteen days of such submission.2. The local laws establishing the  consolidated  assessing  unit  may   contain  an  identical  formula  or  method for allocating the budgetary   expense  of  the  consolidated  assessing  unit  among  the  constituent   municipalities.  In  the  absence  of  such  a  formula  or  method, the   budgetary expense shall be allocated in  proportion  to  the  number  of   parcels  in  each  constituent  municipality.  Such  allocation  of  the   budgetary expense shall  be  included  in  the  ensuing  budget  of  the   constituent  municipalities prior to any public hearing on the municipal   budget. The governing body of each constituent  municipality  is  hereby   authorized  to  appropriate and raise by taxation money for the expenses   of the consolidated assessing unit, and the consolidated assessing  unit   is  hereby  empowered  to receive and expend the funds so allocated from   its constituent municipalities.3. Revenues raised by the consolidated assessing unit shall be used to   offset the costs of generating the revenue  and  to  enhance  assessment   improvement efforts. Provision shall be made within the annual operating   budget  for  the  collection  of  revenue.  The board of directors shall   determine the allocation and disbursement of revenues received.4. The constituent municipalities shall not  be  responsible  for  any   expense  incurred by such consolidated assessing unit except pursuant to   contract  with  the  consolidated  assessing  unit  or  pursuant  to  an   operating   budget   approved   by   a   majority   of  the  constituent   municipalities.5. In furtherance of the purposes of this article,  such  consolidated   assessing unit may receive and expend grants from private foundations or   agencies and may apply for and accept grants from the federal government   or  the  state  government  and otherwise enter into other contracts for   provision of assessment related services.  Such  consolidated  assessing   unit shall only accept grants, donations or subsidies in accordance with   such  reasonable  conditions  and  requirements  as  may  be  imposed or   approved by the board of directors.6. Every consolidated assessing unit shall make a financial report  to   the governing body of each constituent municipality at least quarterly.