§ 1202. Establishment of state equalization rates and class ratios and\nclass equalization rates. 1. (a) Upon final completion of the assessment\nroll of each city, town and village, the commissioner shall inquire into\nand ascertain as near as may be the percentage of full value at which\ntaxable real property in such city, town or village is assessed, which\npercentage as finally determined as provided in this article shall be\nthe state equalization rate for such roll. In the case of a city in a\ncounty having a county department of assessment with the power to assess\nreal property, the commissioner also shall establish a state\nequalization rate for that portion of the county roll containing the\nassessments of taxable real property in such city.\n (b) In the case of special assessing units as defined in section\neighteen hundred one of this chapter, the commissioner shall also\nascertain for the purposes of article seven of this chapter the ratio of\nthe assessed valuation to the full valuation of taxable real property\nfor each class of property established under article eighteen of this\nchapter, which percentages as finally determined as provided in this\narticle shall be the class ratios for each such class.\n (c) In the case of special assessing units as defined in section\neighteen hundred one of this chapter and approved assessing units and\neligible non-assessing unit villages which have adopted the provisions\nof section nineteen hundred three of this chapter as defined in section\nnineteen hundred one of this chapter, the commissioner shall further\nascertain, for the purposes of section eighteen hundred three-a and\nsubdivision three of section nineteen hundred three of this chapter, the\npercentage of full value at which taxable real property in each class\nand each class in each portion has been assessed, which percentage as\nfinally determined as provided in this article shall be the class\nequalization rate for such class or such class in such portion.\n 2. In establishing state equalization rates, class ratios and class\nequalization rates the commissioner may, in its discretion, take\ntestimony and hear proof under oath or otherwise, and may avail itself\nof all information appearing in its office or acquired in the discharge\nof its duties and may employ experts or other persons to procure any\ninformation required for such purpose.\n 3. All state equalization rates, special equalization rates, class\nratios and class equalization rates established by the commissioner\npursuant to law may be expressed to such number of decimal places as the\ncommissioner may determine, provided that the number of decimal places\nshall be uniform for all state equalization rates, special equalization\nrates, class ratios and class equalization rates established for\nassessment rolls completed in the same calendar year.\n 4. For purposes of this article, the assessment roll of a village that\nhas enacted a local law pursuant to the provisions of subdivision three\nof section fourteen hundred two of this chapter shall be the copy of the\npart of the town or county assessment roll used for village tax purposes\nsubsequent to the enactment of such local law and the state equalization\nrate established by the commissioner for the town or county assessment\nroll shall be deemed to be the state equalization rate established for\nthe village.\n 5. State equalization rates established by the commissioner may be\nbased upon such market value survey or surveys as the commissioner may\ndesignate for that purpose, subject to the following:\n (a) the market value survey or surveys so designated shall be uniform\nfor state equalization rates established for all city and town\nassessment rolls completed in the same calendar year;\n (b) for special assessing units and approved assessing units and\neligible non-assessing unit villages which have adopted the provisions\nof section nineteen hundred three of this chapter, the market
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