N.Y. County Law Section 272
Taxation of district property

All real property acquired for the purposes of the county district shall be acquired in the name of such county district. Real property acquired in the name of the county district shall be assessed for the purposes of taxation at the value thereof exclusive of improvements erected or installed by or on behalf of such county district, but in no case at less than the assessed valuation at the time of acquisition by such county district, provided however, that in those cases where the county district acquires real property already containing improvements intended for the very purpose for which the particular district was established, the real property so acquired shall be assessed at the value of the land alone, exclusive of such improvements. Except as provided above, such real property shall be valued on an equitable basis with other comparable real property in the district.

Source: Section 272 — Taxation of district property, https://www.­nysenate.­gov/legislation/laws/CNT/272 (updated Sep. 22, 2014; accessed Jan. 18, 2025).

250
Purpose 251
County agency 252
Powers of county agency 253
Preparation of maps and plans 253‑A
Provision for excess sewer, drainage or water facilities 253‑B
Amendment or modification of plans 254
Public hearing 255
Representation by municipalities and district 256
Establishment of a county district 256‑A
Consolidation of Suffolk county sewer district number two Holbrook and Suffolk county sewer district number four - Birchwood North Shore 256‑B
Suffolk county wastewater management district 257
Permissive referendum 258
Application to the department of audit and control 259
Recording and filing of determination 260
Review 261
Administration of the county district 262
Performance of the work 263
Powers 263‑A
Powers with respect to lake protection and rehabilitation 264
Rules and regulations 265
Contracts 266
Water rates, water quality treatment, sewage, wastewater disposal and refuse collection charges and revenues 267
Expense of the improvement 268
Increase and improvement of facilities 269
Increase of maximum amount to be expended 270
Assessment of the cost 271
Alternative method of assessment 272
Taxation of district property 273
Contracts with public authorities for county water districts 274
Extension of the district 274‑A
Consolidation of county districts by board of supervisors 274‑B
Consolidation of the district and its extensions 275
Sale of water district facilities 276
Jurisdiction of other state agencies 277
Establishment of certain county sewer districts in Suffolk county 278
Definitions 279
Operation of certain collection and disposal facilities in Suffolk county 279‑A
Acquisition of real property for future districts in Suffolk county 279‑B
Agreements of county district 279‑C
Certain agreements of a county sewer district in Orange county 279‑D
Water districts in the county of Westchester
Green check means up to date. Up to date

Accessed:
Jan. 18, 2025

Last modified:
Sep. 22, 2014

§ 272’s source at nysenate​.gov

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