New York A10207 requires rounding tax amounts to the nearest five-cent denomination on final assessment rolls and related bills.

New York A10207 amends the real property tax law to mandate that tax amounts on the final assessment roll, along with any interest or penalties, be rounded to the nearest five-cent denomination before being included on any bill or notice. This rounding must occur prior to the delivery of the warrant and the issuance of tax bills. The rounding applies uniformly to all tax amounts and is reflected in the warrant as delivered to the collecting officer. No further adjustments to the tax amount will be made at the time of collection due to this rounding.

New York A10207 requires rounding tax amounts to the nearest five-cent denomination on final assessment rolls and related bills.

New York A10207 amends the real property tax law to mandate that tax amounts on the final assessment roll, along with any interest or penalties, be rounded to the nearest five-cent denomination before being included on any bill or notice. This rounding must occur prior to the delivery of the warrant and the issuance of tax bills. The rounding applies uniformly to all tax amounts and is reflected in the warrant as delivered to the collecting officer. No further adjustments to the tax amount will be made at the time of collection due to this rounding.