Bill > S01469

This bill amends the New York State education law to exclude the value of state forest preserve lands located in the Adirondack and Catskill parks from the calculation of "actual valuation" when determining state aid to school districts. Currently, "actual valuation" is calculated by taking the assessed value of taxable real property in a school district and dividing it by the state equalization rate. The bill specifically adds language that prevents these state forest preserve lands from being included in this valuation, which means the value of these protected lands will not be used to reduce or impact the amount of state education aid a school district receives. This change is significant for school districts that contain or are near state forest preserves in these parks, as it ensures that the presence of these protected lands will not negatively affect their state education funding. The bill will take effect on the first of April following its passage into law.

Education

https://www.nysenate.gov/legislation/bills/2025/S1469