489-S - Estimated railroad ceiling.

§  489-s.   Estimated railroad ceiling.  Upon application of a county,  city, town, village, school district  or  special  district,  the  state  board  shall  establish  estimated  railroad ceilings for the assessment  roll or rolls used thereby.   Such estimated railroad  ceilings  may  be  used in the computation of average full valuation for tax and debt limit  purposes  in accordance with the provisions of section 2.00 of the local  finance law.