N.Y. Education Law § 2023-b: Certification of compliance with tax levy limit

§ 2023-b. Certification of compliance with tax levy limit. 1. Upon the

adoption of the budget of an eligible school district, the chief

executive officer of such school district shall certify to the state

comptroller, the commissioner of taxation and finance and the

commissioner that the budget so adopted does not exceed the tax levy

limit prescribed by section two thousand twenty-three-a of this part.

Such certification shall be made in a form and manner prescribed by the

state comptroller in consultation with the commissioner of taxation and

finance and the commissioner.

2. If such a certification has been made and the actual tax levy of

the school district exceeds the applicable tax levy limit, the excess

amount shall be placed in reserve and used in the manner prescribed by

subdivision five of section two thousand twenty-three-a of this part,

even if a tax levy in excess of the tax levy limit had been duly

authorized for the applicable fiscal year by the school district voters.

3. Notwithstanding any provision of law to the contrary, every school

district that is subject to the provisions of section two thousand

twenty-three-a of this part shall report both its proposed budget and

its adopted budget to the office of the state comptroller and the

commissioner at the time and in the manner as they may prescribe,

whether or not such budget has been or will be certified as provided by

this subdivision.