2012 New York Consolidated Laws
TAX - Tax
Article 29 - TAXES AUTHORIZED FOR CITIES, COUNTIES AND SCHOOL DISTRICTS
Part 4 - (1260 - 1264) DISPOSITION OF REVENUES
1262-R*2 - Disposition of net collections from sales and compensating use taxes imposed by the county of Ontario.

 
    * § 1262-r. Disposition of net collections from sales and compensating
  use  taxes  imposed  by  the  county  of  Ontario.  Notwithstanding  the
  provisions of subdivision (c) of section  twelve  hundred  sixty-two  of
  this  part  to  the contrary, if the cities of Canandaigua and Geneva in
  the county of Ontario do not impose sales  and  compensating  use  taxes
  pursuant  to the authority of section twelve hundred ten of this article
  and such cities and county enter  into  an  agreement  pursuant  to  the
  authority of subdivision (c) of section twelve hundred sixty-two of this
  part  to  be effective March first, two thousand six, such agreement may
  provide that:
    (a) The term of such agreement may  be  indefinite,  with  an  initial
  period of ten years.
    (b)  The  county shall allocate net collections from its taxes imposed
  at the rate of one and one-half percent pursuant  to  the  authority  of
  section  twelve  hundred ten of this article and also from an additional
  one-eighth of one percent rate of such taxes authorized by such  section
  twelve  hundred  ten  during  the entire period in which such additional
  rate is authorized to the cities, towns and villages in the  county  (i)
  on  the  basis of their respective populations, determined in accordance
  with the latest decennial federal census or  special  population  census
  taken pursuant to section twenty of the general municipal law, completed
  and  published  prior to the end of the quarter for which the allocation
  is made, which special census must include the entire area of the county
  (the "population method"), or (ii) on the basis of the ratio  which  the
  full  valuation of real property in each city, town and village bears to
  the aggregate full valuation of real property  in  all  of  the  cities,
  towns  and  villages  in  such  county (the "full valuation method"), or
  (iii) on the basis of the two thousand four base  amounts  described  in
  subdivision  (d)  of  this  section,  or  (iv)  on the basis of specific
  amounts set aside for each city in the county, or (v) on the basis of  a
  combination  of  such methods, provided, that the county shall apply the
  population method and the full valuation method uniformly throughout the
  county.
    (c) "Full valuation of real property" may, as an  alternative  to  the
  definition  of  such  term  in subdivision (f) of section twelve hundred
  sixty-two of this  article,  be  defined  to  mean  the  total  assessed
  valuation  of  real  property,  including  property  wholly  exempt from
  taxation, divided by the equalization rate as determined  in  accordance
  with  article  eight  of  the  real  property tax law, provided that the
  county shall apply either such definition uniformly countywide.
    (d) The two thousand four base amounts shall mean, in the  case  of  a
  city,  the  total  amount  of net collections the city received from its
  sales and compensating use taxes in calendar  year  two  thousand  four,
  and,  in  the  case  of  a  town  or  village,  the  total amount of net
  collections that the county allocated to the town or village in calendar
  year two thousand four.
    (e) To the extent that the county uses the full  valuation  method  to
  determine the amounts of allocations and distributions to be made to the
  cities, towns and villages, for allocations and distributions to be made
  in  calendar  years  two thousand six and two thousand seven, the county
  shall use the final assessment rolls of the  cities  and  towns  in  the
  county  completed  and  filed in two thousand four; and, for allocations
  and distributions to be made in each  calendar  year  of  the  agreement
  after  two  thousand  seven,  the  county shall use the final assessment
  rolls completed and filed by such cities and towns  in  the  immediately
  preceding calendar year.
    (f)  In  addition  to other payments to be made under the agreement to
  the two cities in the county, the county may pay amounts to such  cities

  with  respect  to  the  months  of March and April, two thousand six, to
  reflect that such cities repealed their sales and compensating use taxes
  effective March first, two thousand six, in exchange for  entering  into
  the agreement with the county.
    (g)  A  review  board  consisting  of  the  county's  director of real
  property services and two other persons selected by  such  director  and
  confirmed  by  the county board of supervisors may adjust the full value
  of any parcel of wholly exempt real property in the  county  solely  for
  the  purpose  of  determining  the  allocations  to  be  made under such
  agreement.  A city, town or village which  disagrees  with  such  review
  board  over  the  adjusted  full value of such a parcel of wholly exempt
  real property located in such municipality  may,  at  its  own  expense,
  obtain  two  independent appraisals of the full value of such parcel; in
  which case the average of such board's adjusted  value  and  two  values
  determined  in such appraisals shall constitute such parcel's full value
  for such purpose.
    * NB There are 2 § 1262-r's