(1) December payment. On or before December fifteenth, a portion shall
be paid equal to the positive remainder of twenty-five  percent  of  the
moneys  apportioned  less  any  payments made pursuant to paragraph a of
subdivision one of this section for the current year.
  (2) March payment. On or before March fifteenth, a  portion  shall  be
paid  equal  to  the positive remainder of seventy percent of the moneys
apportioned  less  any  payments  made  pursuant  to  paragraph   a   of
subdivision  one  of this section and subparagraph one of this paragraph
for the current year.
  (3) June payment. On or before June fifteenth, a portion shall be paid
equal to the positive remainder of eighty-five  percent  of  the  moneys
apportioned   less   any  payments  made  pursuant  to  paragraph  a  of
subdivision one of this section and subparagraphs one and  two  of  this
paragraph for the current year.
  (4) August payment. To the extent that any moneys are owed to a school
district  pursuant to this section, a portion shall be paid on or before
August fifteenth equal to the positive remainder of one hundred  percent
of the moneys apportioned less any payments made pursuant to paragraph a
of  subdivision one of this section and subparagraphs one, two and three
of this paragraph for the current year.
  (5) Deferred  September  payment.  Any  amount  payable  to  a  school
district  pursuant to this section which exceeded one hundred percent of
the respective amount set forth for such district as payable pursuant to
this section in the school aid computer listing for the  current  school
year  shall  be  designated  for payment for the month of September next
following the close of the current school year. Such payments  shall  be
made on the first state business day of the month of September, based on
data  on  file  as  of  August  first;  provided  however,  that for the
September two thousand six payment such calculation shall  be  based  on
the  computer  listing  for  the  current  year using data on file as of
August first.
  b. Such moneys shall be payable to the treasurer of each  city  school
district,  and  the  treasurer of each union free school district and of
each central school district and of each other school district, if there
be a treasurer, otherwise to the collector or other  disbursing  officer
of such district or board of cooperative educational services, who shall
apply  for  and receive the same as soon as payable. In the case of city
school  districts  of  cities  with  one  hundred  twenty-five  thousand
inhabitants  or  more,  any  payment  which  pursuant to this section is
required to be made to the treasurer of the city school district,  shall
be made to the city treasurer or chamberlain.
  3.   Due   minimum  supplemental  apportionment.  Notwithstanding  any
inconsistent provisions of  subdivisions  five  and  five-a  of  section
thirty-six  hundred  two  of this article and section forty-four hundred
five of this chapter, for the two  thousand  seven--two  thousand  eight
school  year  and thereafter, the due minimum supplemental apportionment
shall equal the  positive  remainder  resulting  when  the  sum  of  the
apportionments  due a school district pursuant to such subdivisions five
and five-a and such section forty-four hundred five for any school  year
and, the moneys apportioned for the excess cost aid setaside pursuant to
subdivision  four  of section thirty-six hundred two of this article, is
subtracted from the amount designated as the state share of moneys due a
school district pursuant to title XIX of the  social  security  act,  on
account  of  school  supportive  health services provided to pupils with
disabilities  in  special  education  programs   pursuant   to   article
eighty-nine  of  this  chapter  as  determined  in  accordance  with the
provisions  of  subdivision  one  of  this   section.   Any   additional
apportionment  pursuant  to  this  subdivision  shall  be  computed  and
recomputed by the commissioner in the normal course of  auditing  school
district claims for aid.
  4.  In  addition to any other payments due a district pursuant to this
section, the commissioner shall also reimburse districts for any amounts
due in accordance with the provisions of paragraph e of subdivision four
of section thirty-two hundred two of this chapter as follows:
  a. thirty-five percent of any amounts  due  shall  be  payable  on  or
before December fifteenth;
  b. seventy percent of any amounts due, minus any payment made pursuant
to  paragraph a of this subdivision, shall be payable on or before March
fifteenth; and
  c. any remaining amount  due  shall  be  payable  on  or  before  June
fifteenth.
Structure New York Laws
Title 5 - Taxation and Financial Administration
Article 73 - Apportionment of Public Moneys
3601 - When Apportioned and How Applied.
3602 - Apportionment of Public Moneys to School Districts Employing Eight or More Teachers.
3602-B - Apportionment of Moneys to School Districts Employing Fewer Than Eight Teachers.
3602-D - Work-Prep Education Program.
3602-E - Universal Prekindergarten Program.
3602-EE - Statewide Universal Full-Day Pre-Kindergarten Program.
3604 - Conditions Under Which Districts Are Entitled to Apportionment.
3606 - Nonresident Academic Attendance; Manner of Certifying and Paying Apportionment.
3607 - Manner of Payment of Moneys Apportioned.
3608 - Certificate of Apportionment by Commissioner of Education.
3609-A - Moneys Apportioned, When and How Payable Commencing July First, Two Thousand Seven.
3609-B - Moneys Apportioned for Students With Disabilities, When and How Payable.
3610 - Apportionment for Apprenticeship Training.
3611 - Racial and Cultural Awareness Fund.
3612 - Teachers of Tomorrow Teacher Recruitment and Retention Program.
3613 - School District Reorganizations and Real Property Tax Rates.