§ 489-i. Earnings ratio. The commissioner shall determine the earnings\nratio for each railroad company by ascertaining the ratio of its average\nrailway earnings to its system reproduction cost, computed to the\nnearest hundredth of one per cent.\n
Earnings ratio
N.Y. Real Property Tax Law § 489-I, under Railroad Real Property of Intrastate Railroad Companies.
N.Y. Real Property Tax Law § 489-I