New York Laws
Part 4 - Disposition of Revenues
1260 - Revenues Resulting From Taxes Administered by Cities Over One Million.

§ 1260. Revenues resulting from taxes administered by cities over one
million. All taxes, penalties and interest resulting from the imposition
of the taxes authorized under section twelve hundred one shall be paid
into the treasury of the city imposing the tax and shall be credited to
and deposited in the general fund of any such city, but no such part of
such revenues may be expended unless appropriated in the annual budget
of such city.

Structure New York Laws