N.Y. RPT Law § 1608

§ 1608. Adoption of operating budget. 1. Each consolidated assessing\nunit shall adopt an operating budget and submit the same to each\nconstituent municipality no later than September first of each year, or\nin Westchester county, no later than October first of each year. Such\nbudget must be approved or disapproved by a majority of the constituent\nmunicipalities within twenty-five days of such submission. If the budget\nis disapproved, the consolidated assessing unit must submit a revised\nbudget to the constituent municipalities for approval or disapproval\nwithin ten days of such disapproval. Such revised budget must be\napproved or disapproved by a majority of the constituent municipalities\nwithin fifteen days of such submission.\n 2. The local laws establishing the consolidated assessing unit may\ncontain an identical formula or method for allocating the budgetary\nexpense of the consolidated assessing unit among the constituent\nmunicipalities. In the absence of such a formula or method, the\nbudgetary expense shall be allocated in proportion to the number of\nparcels in each constituent municipality. Such allocation of the\nbudgetary expense shall be included in the ensuing budget of the\nconstituent municipalities prior to any public hearing on the municipal\nbudget. The governing body of each constituent municipality is hereby\nauthorized to appropriate and raise by taxation money for the expenses\nof the consolidated assessing unit, and the consolidated assessing unit\nis hereby empowered to receive and expend the funds so allocated from\nits constituent municipalities.\n 3. Revenues raised by the consolidated assessing unit shall be used to\noffset the costs of generating the revenue and to enhance assessment\nimprovement efforts. Provision shall be made within the annual operating\nbudget for the collection of revenue. The board of directors shall\ndetermine the allocation and disbursement of revenues received.\n 4. The constituent municipalities shall not be responsible for any\nexpense incurred by such consolidated assessing unit except pursuant to\ncontract with the consolidated assessing unit or pursuant to an\noperating budget approved by a majority of the constituent\nmunicipalities.\n 5. In furtherance of the purposes of this article, such consolidated\nassessing unit may receive and expend grants from private foundations or\nagencies and may apply for and accept grants from the federal government\nor the state government and otherwise enter into other contracts for\nprovision of assessment related services. Such consolidated assessing\nunit shall only accept grants, donations or subsidies in accordance with\nsuch reasonable conditions and requirements as may be imposed or\napproved by the board of directors.\n 6. Every consolidated assessing unit shall make a financial report to\nthe governing body of each constituent municipality at least quarterly.\n