N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 810: Disposition of revenues

§ 810. Disposition of revenues. 1. Revenues resulting from the

imposition of taxes authorized by this article shall be paid into the

treasury of the county or city, as the case may be, and shall be

credited to and deposited in the general fund of the county or city and,

unless restricted by local law to a specified purpose or purposes, shall

be available for any lawful county or city purpose.

2. Where the race meeting grounds or enclosure is situated in two

counties, one of which is wholly within a city, then:

a. If the tax is imposed by such city, the fiscal officers of such

city shall deposit the revenues of such taxes in a special fund and

shall pay to the county, not located in such city, within sixty days

after collection thereof, seventy-five percent of the moneys in such

special fund, for deposit in the general fund of such county as

hereinbefore provided, less the expenses for the collection of such tax,

and except that the sum of five thousand dollars shall be retained at

all times in such special fund for the purpose of making refunds or any

necessary adjustments. The fiscal officers of such city shall pay the

balance then remaining in such special fund into the general fund of

such city as hereinbefore provided.

b. If the tax is not imposed by such city, but is imposed by such

county, the fiscal officers of such county shall deposit the revenues of

such taxes in a special fund and shall pay to such city within sixty

days after collection thereof, twenty-five percent of the moneys in such

special fund, for deposit in the general fund of such city as

hereinbefore provided, less the expenses for the collection of such tax

and except that the sum of five thousand dollars shall be retained at

all times in such special fund for the purpose of making refunds or any

necessary adjustments. The fiscal officers of such county shall pay the

balance remaining in such special fund into the general fund of such

county as hereinbefore provided.