NY Real Prop Tax L § 1204 (2021)
2021 New York Laws RPT - Real Property Tax Article 12 - State Equalization Title 1 - State Equalization Rates 1204 - Tentative State Equalization Rates, Class Ratios and Class Equalization Rates; Notice Thereof.

§  1204.  Tentative  state  equalization rates, class ratios and class   equalization rates; notice thereof. 1. Upon completion of  its  inquiry,   investigation  and  studies  with  respect  to  the  establishment of an   equalization rate for a city, town or village and in the case of special   assessing  units,  class  ratios  and  class  equalization  rates,   the   commissioner  shall  determine  a  tentative  equalization rate for such   city, town or village, class ratios  for  special  assessing  units  and   class  equalization  rates  for  special  assessing  units  and approved   assessing units and eligible  non-assessing  unit  villages  which  have   adopted the provisions of section nineteen hundred three of this chapter   and  each  portion  therein. A tentative equalization rate, class ratios   and  class  equalization  rates,  may  be  determined  prior  to   final   completion of an assessment roll.2. After determining the tentative equalization rate, class ratios and   class  equalization  rates,  if  required  for  any city, town, village,   special  assessing  unit,  or  approved  assessing  unit   or   eligible   non-assessing  unit  village which has adopted the provisions of section   nineteen hundred three of this  chapter,  the  commissioner  shall  give   notice  in  writing  to  the chief executive officer of such city, town,   village, special assessing unit, or approved assessing unit or  eligible   non-assessing  unit  village which has adopted the provisions of section   nineteen hundred three of this chapter stating that  such  determination   has  been  made,  setting  forth  the tentative equalization rate, class   ratios and  class  equalization  rates,  if  required,  identifying  the   assessment  roll for which they were established and specifying the time   and place where the commissioner or  a  duly  authorized  representative   thereof  will  meet  to  hear any complaint concerning such equalization   rate, class ratios and  class  equalization  rates,  if  required.  Such   notice  must be served at least twenty days before the day specified for   the hearing.3. Where the tentative equalization rate is not within plus  or  minus   five  percent  of  the  locally stated level of assessment, the assessor   shall provide notice in writing to  the  local  governing  body  of  any   affected  town,  city,  village,  county  and  school  district  of  the   difference between the  locally  stated  level  of  assessment  and  the   tentative  equalization  rate. Such notice shall be made within ten days   of the receipt of the tentative equalization rate, or within ten days of   the filing of the tentative assessment roll,  whichever  is  later,  and   shall provide the difference in the indicated total full value estimates   of the locally stated level of assessment and the tentative equalization   rate  for the taxable property within each affected town, city, village,   county and school district, where applicable.