§ 1314. Equalization in school districts located in more than one city\nor town. 1. (a) When a school district is located in more than one city\nor town, the school authorities thereof may upon their own motion, and\nshall upon the timely written request of three or more persons liable to\npay taxes upon real property therein, secure from the latest final\ncompleted assessment rolls of each such city and town, a statement of\nthe assessed valuation of each parcel of real property subject to\ntaxation for school purposes in such school district and shall deliver\nsuch statement to the district superintendent having jurisdiction. Such\ndistrict superintendent shall immediately secure from the commissioner\nof taxation and finance, a statement of the state equalization rate\nestablished by such commissioner for each such city and town in which\nsuch school district is situated and shall determine the full valuation\nof the real property of each part of a city or town included in such\nschool district by dividing the taxable assessed valuation of such real\nproperty in such part of a city or town by the state equalization rate\nestablished for such city or town. For purposes of this subdivision\n"taxable assessed valuation" means the assessed value actually subject\nto taxation for school purposes except that it also includes the amount\nof assessed value partially exempt from taxation for school purposes\npursuant to sections four hundred twenty-five, four hundred sixty and\nfour hundred sixty-four of this chapter and such other sections of law\nas the school authorities designate by resolution to be included in the\ntotal assessed valuation.\n (b) On or before the first day of October in each year, the district\nsuperintendent shall transmit to the commissioner of education and to\nthe commissioner, in the form prescribed by it, a statement for the\ncurrent fiscal year showing the taxable assessed valuation of real\nproperty of each city and town within the school district, the assessed\nvaluation of such real property upon which the school tax has actually\nbeen levied, the state equalization rate or special equalization rate\nused to determine the apportionment of taxes, the full valuation of real\nproperty of each part of a city or town included in such school\ndistrict, whether any school tax was apportioned pursuant to subdivision\none-a of this section, and a list of the partial exemptions which the\nschool authorities have by resolution adopted pursuant to this section,\nelected to include in the taxable assessed valuation of real property.\n (c) The state equalization rate to be furnished by the commissioner\nshall be the rate established by the commissioner for the assessment\nroll on which school taxes are to be levied. When no state equalization\nrate has been established for such roll, the rate to be furnished shall\nbe the rate established for the assessment roll immediately preceding\nthe roll on which taxes are to be levied provided, however, that where a\nspecial equalization rate has been determined as provided in subdivision\ntwo of this section, that special equalization rate shall be furnished\nto the district superintendent for the purpose of equalization pursuant\nto this section. Where the commissioner determines that a city or town\nhas implemented a reassessment at full value on the current roll, it may\nestablish a special equalization rate of one hundred for that city or\ntown and establish special equalization rates for the other cities or\ntowns within that school district by adjusting the latest state\nequalization rates for those cities or towns to the appropriate current\nroll. In all cases in any given school district the state equalization\nrates or special equalization rates to be furnished by the commissioner\nfor the apportionment of taxes shall have the same full value standard.\nWhere the commissioner furnishes the same state equalization or special\nequalization rate for two or more of t
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