N.Y. Real Property Tax Law § 976: Return of unpaid installments of taxes; payment by county treasurer

§ 976. Return of unpaid installments of taxes; payment by county

treasurer. 1. On or before the first day of February following the levy

of taxes, the collecting officer of a town which has adopted a

resolution pursuant to section nine hundred seventy-three of this

chapter, shall make and deliver to the county treasurer a list of the

names of the owners of real property who have elected to pay such taxes

in installments pursuant to section nine hundred seventy-five of this

chapter, together with an account, subcribed and affirmed by him as true

under the penalties of perjury, of the balance of all taxes listed on

the tax roll which such owners have elected to pay in installments and

which remain unpaid at such time. The county treasurer shall, if

satisfied that such account is correct, credit him with the amount of

such unpaid taxes. Such return shall be in the form prescribed by the

county treasurer. Upon such return, the warrant with respect to such

taxes as were included in such return shall be deemed expired.

2. Within ten days after such collecting officer shall have made his

return of unpaid installments of taxes as provided in subdivision one of

this section, the county treasurer shall pay over to the supervisor of

such town the amount of such unpaid installments of taxes, included in

such return, which were levied for town and special district purposes.

Such payment may be made from moneys not otherwise appropriated or

committed, from moneys appropriated for a contingent fund or pursuant to

the local finance law.