2023 New York Laws › EDN - Education › Title 5 - Taxation and Financial Administration › Article 73 - Apportionment of Public Moneys › Part 1 - General Provisions › 3609-E - School Tax Relief Aid, When and How Payable Commencing July First, Nineteen Hundred Ninety-Eight.

§  3609-e. School tax relief aid, when and how payable commencing July
  first,  nineteen  hundred  ninety-eight.   Notwithstanding   any   other
  provisions of this article, school tax relief aid shall be paid pursuant
  to this section.
1.  Definitions.  As used in this section the following terms shall be
  defined as follows:
a. "Amount of tax levy" shall mean the amount of property taxes levied
  for school purposes in the current year pursuant to subdivision  one  of
  section  thirteen  hundred six of the real property tax law, except that
  for a city school district  of  a  city  with  one  hundred  twenty-five
  thousand  inhabitants  or more "amount of tax levy" shall mean an amount
  equal to the product of the tax rate computed pursuant to paragraph e of
  this subdivision for aids payable in the current year multiplied by such
  district's actual valuation as defined in  subdivision  one  of  section
  thirty-six hundred two of this article.
b.  "Phase-in  factor"  shall  mean:  (i)  for  aid payable in the two
  thousand--two thousand one school year, seventy-five  percent  and  (ii)
  for  aid  payable  in the two thousand one--two thousand two school year
  and thereafter, one hundred percent.
c. "STAR portion of the tax levy"  shall  mean  the  quotient  of  the
  school  tax relief aid payable in the current year divided by the amount
  of tax levy expressed as a decimal to four places without rounding.
d. The definitions of "school tax  relief  aid,"  "current  year"  and
  "base  year"  as  set  forth  in  subdivision  one of section thirty-six
  hundred two of this article shall apply to this section.
e. "Tax rate" shall mean the amount  computed  by  dividing  a  school
  district's total revenues from real property and non-property tax levies
  for  the  base  year  levied  for  school  purposes exclusive of library
  purposes plus any payments in lieu of taxes received pursuant to section
  four hundred eighty-five of the real property tax law and  exclusive  of
  any  balances in excess of six percent of general fund expense remaining
  in the general fund of the district at the end of the base year, by such
  district's actual valuation as defined in  subdivision  one  of  section
  thirty-six  hundred  two  of this article including any actual valuation
  equivalent of payments in lieu of taxes determined pursuant  to  section
  four  hundred  eighty-five  of  the  real  property  tax  law, provided,
  however, that in the  instance  of  a  fiscally  dependent  city  school
  district, the tax rate shall be computed by dividing (i) such district's
  total general fund expenditures, plus inter-fund transfers outgoing from
  the  general  fund, and plus general fund reserve expenditures, less any
  and all general fund non-tax revenue of such city school district  which
  has  been paid and identified by an original payer as being specifically
  on behalf of such city school district, and less  any  and  all  non-tax
  revenue  of  the  city  upon which such city school district is fiscally
  dependent which has been paid and identified by  an  original  payer  as
  being  specifically on behalf of such city school district but which has
  not been identified as revenue of such city school  district,  and  less
  any  and  all  other  general fund revenues of such city school district
  which are determined by the commissioner to be non-tax  revenue  of  the
  city upon which such city school district is fiscally dependent, by (ii)
  such  district's  actual valuation as defined in subdivision one of such
  section thirty-six hundred two. Revenues raised by a school district  in
  support  of  a  central  high  school  district shall be included in the
  revenue of the district raising such revenue, and no local revenue shall
  be attributed to such central high school districts. Such tax rate shall
  be computed to five decimals without rounding and shall be multiplied by
  one thousand to be expressed in mills.
2. Prescribed payments. a. October payment for  aids  payable  in  the
  nineteen hundred ninety-eight--ninety-nine through two thousand two--two
  thousand three school years and the two thousand four--two thousand five
  through two thousand eight--two thousand nine school years. On or before
  October fifteenth, a portion of the school tax relief aid payable to the
  school  district for the current year shall be paid equal to the product
  of the total school tax relief aid for the current school year  adjusted
  to  reflect  adjustments  to  payments  for  prior years and thirty-five
  one-hundredths.
b. October payment for aids payable in  the  two  thousand  three--two
  thousand  four  school year, and the two thousand nine--two thousand ten
  school year and thereafter. On or before October fifteenth, a portion of
  the school tax relief aid payable to the school district for the current
  year adjusted to reflect adjustments to payments for prior years, not to
  exceed one hundred percent of such aid payable, shall be paid  equal  to
  the  product  of  the amount of tax levy and the positive difference, if
  any, of  the  STAR  portion  of  the  tax  levy  minus  the  product  of
  twenty-five one-hundredths and the phase-in factor.
c.  November  payment  for  the  aids  payable in the nineteen hundred
  ninety-eight--ninety-nine through two thousand two--two  thousand  three
  school  years  and  the two thousand four--two thousand five through two
  thousand eight--two thousand nine school years. On  or  before  November
  fifteenth,  a portion of the school tax relief aid payable to the school
  district for the current year shall be paid equal to the product of  the
  total  school  tax  relief  aid  for the current school year adjusted to
  reflect  adjustments  to  payments  for  prior  years  and   seventy-one
  hundredths  less  any  payments  made  pursuant  to  paragraph a of this
  subdivision.
d. November payment for aids payable in the  two  thousand  three--two
  thousand  four  school year, and the two thousand nine--two thousand ten
  school year and thereafter. On or before November fifteenth,  a  portion
  of  the  school  tax  relief  aid payable to the school district for the
  current year adjusted to  reflect  adjustments  to  payments  for  prior
  years,  not  to exceed one hundred percent of such aid payable, shall be
  paid equal to: (i) the product  of  the  amount  of  tax  levy  and  the
  positive  difference,  if any, of the STAR portion of the tax levy minus
  the product of twenty one hundredths and the phase-in factor  less  (ii)
  any payments made pursuant to paragraph b of this subdivision.
e.   December  payment  for  aids  payable  in  the  nineteen  hundred
  ninety-eight--ninety-nine through two thousand two--two  thousand  three
  school  years  and  the two thousand four--two thousand five through two
  thousand eight--two thousand nine school years. On  or  before  December
  fifteenth,  a portion of the school tax relief aid payable to the school
  district for the current year shall be paid equal to the product of  the
  total  school  tax  relief  aid  for the current school year adjusted to
  reflect  adjustments  to   payments   for   prior   years   and   eighty
  one-hundredths  less any payments made pursuant to paragraphs a and c of
  this subdivision.
f. December payment for aids payable in the  two  thousand  three--two
  thousand  four  school year, and the two thousand nine--two thousand ten
  school year and thereafter. On or before December fifteenth,  a  portion
  of  the  school  tax  relief  aid payable to the school district for the
  current year adjusted to  reflect  adjustments  to  payments  for  prior
  years,  not  to exceed one hundred percent of such aid payable, shall be
  paid equal to: (i) the product  of  the  amount  of  tax  levy  and  the
  positive  difference,  if any, of the STAR portion of the tax levy minus
  the product of fifteen one-hundredths and the phase-in factor less  (ii)
  any payments made pursuant to paragraphs b and d of this subdivision.
g.  January payment. On or before the first business day of January, a
  portion of the school tax relief aid payable to the school district  for
  the  current  year  shall  be  paid equal to one hundred percent of such
  total school tax relief aid payable for the current school year adjusted
  to  reflect  adjustments  to  payments for prior years less any payments
  made pursuant to paragraph a, b, c, d, e or f of this subdivision.
h. On or before March thirty-first a portion of the school tax  relief
  aid  payable  to  the school district for the current year shall be paid
  equal to one hundred percent of any increase in such aid over the  total
  of such aids paid through the first business day of January, adjusted to
  reflect  adjustments  to  payments  for prior years, as certified to the
  commissioner by the office of real property services on or before  March
  first.
3.  a.  Such  moneys  shall  be  payable to the treasurer of each city
  school district, and the treasurer of each union  free  school  district
  and  of  each central school district and of each other school district,
  if there be a treasurer, otherwise to the collector or other  disbursing
  officer  of  such  district, who shall apply for and receive the same as
  soon as payable.
b. In the case of city school districts of the cities with one hundred
  twenty-five thousand inhabitants or more, any payments which pursuant to
  this section is required to be made to the treasurer of the city  school
  district, shall be made to the city treasurer or chamberlain.
4.  Any payment to a school district pursuant to this section shall be
  general receipts of the district and may be used for any lawful  purpose
  of the district.