New York Laws
Article 12-A - Special State Equalization Ratios for Computing Constitutional Tax and Debt Limitations for Cities of One Hundred Twenty-Five Thousand Or
1252 - Manner by Which Ratios Shall Be Determined.

(a) compute the ratio of assessed valuation to the full valuation of
taxable real estate on the basis of market value surveys completed
pursuant to article twelve of this chapter;
(b) on the basis of the ratios computed pursuant to subdivision (a),
project increases or decreases in the ratios for years for which the
information has not been developed pursuant to article twelve of this
chapter;
(c) avail itself of appropriate market value information appearing in
its office or acquired in the discharge of its duties pursuant to this
chapter.