§ 1803-a. Adjusted base proportions; determination. 1. Current base\nproportions. (a) For each tax levy based upon an assessment roll\ncompleted in nineteen hundred ninety-one and thereafter, the legislative\nbody of each special assessing unit shall compute the current base\nproportion and certify to the commissioner the current base proportion,\nthe current percentage, and base percentage of each class and for each\nclass for each portion included in its boundaries and such alterations\nmade to such current base proportions made pursuant to paragraph (c)\nhereof no later than thirty days subsequent to the date on which the\ncommissioner certifies class equalization rates pursuant to section\ntwelve hundred twelve of this chapter, pursuant to the provisions of\nthis section.\n (b) The current base proportion shall be determined pursuant to the\nfollowing formula:\n (1) Divide the current percentage of each class by the base percentage\nof such class.\n (2) For each such class multiply the result from subparagraph one of\nthis paragraph by the local base proportion of such class.\n (3) Sum the products obtained in subparagraph two of this paragraph\nand divide the product for each class by such sum.\n (c) Notwithstanding the provisions of paragraph (b) of this\nsubdivision, the current base proportion of any class shall not exceed\nthe adjusted base proportion or adjusted proportion, whichever is\nappropriate, of the immediately preceding year by more than five\npercent. Where the computation performed pursuant to paragraph (b) of\nthis subdivision would otherwise produce such result, the current base\nproportion of such class or classes shall be limited to such five\npercent increase and the legislative body of such special assessing unit\nshall alter the current base proportions of any or all of the remaining\nclasses so that the sum of the current base proportions equals one.\n (d) Notwithstanding the provisions of paragraph (c) of this\nsubdivision to the contrary, in a special assessing unit which is a city\nand for current base proportions to be determined in such special\nassessing unit's fiscal year nineteen hundred ninety-five, the current\nbase proportion of any class shall not exceed the adjusted base\nproportion or adjusted proportion, whichever is appropriate, of the\nimmediately preceding year by more than two and three-quarters percent.\nWhere the computation performed pursuant to paragraph (b) of this\nsubdivision would otherwise produce such result, the current base\nproportion of such class or classes shall be limited to such two and\nthree-quarters percent increase and the legislative body of such special\nassessing unit shall alter the current base proportions of any or all\nremaining classes so that the sum of the current base proportions equals\none.\n (e) Notwithstanding the provisions of paragraph (c) of this\nsubdivision to the contrary, in a special assessing unit which is a city\nand for current base proportions to be determined in such special\nassessing unit's fiscal year nineteen hundred ninety-six, the current\nbase proportion of any class shall not exceed the adjusted base\nproportion or adjusted proportion, whichever is appropriate, of the\nimmediately preceding year by more than two and three-quarters percent.\nWhere the computation performed pursuant to paragraph (b) of this\nsubdivision would otherwise produce such result, the current base\nproportion of such class or classes shall be limited to such two and\nthree-quarters percent increase and the legislative body of such special\nassessing unit shall alter the current base proportions of any or all\nremaining classes so that the sum of the current base proportions equals\none.\n (f) Notwithstanding the provisions of paragraph (c) of this\nsubdivision to the contrary, in a special assessing unit which is a city\nand for current base proportions to be determined in such special\nassessing unit's fiscal year nineteen hundred ninety-se
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