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 Mar. 23, 2024).

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

Accessed:
Mar. 23, 2024

Last modified:
Sep. 22, 2014

§ 272’s source at nysenate​.gov

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