The estimates required to be furnished by the heads of departments by the provisions of § 73 of the Second Class Cities Law shall be furnished on or before the 25th day of September instead of the date in said section stated. The Comptroller shall furnish with his or her estimate of such expenditures for his or her department a statement showing in detail the items of principal and interest upon bonds, notes, certificates of indebtedness and other fixed legal liabilities and obligations which will become due and payable during the next fiscal year.
[Laws 1943, Ch. 710; L.L. No. 3-1967, § 1; 11-20-2006 by Ord. No. 06-53; 3-23-2011 by Ord. No. 11-9]
The annual estimate by the Board of Estimate and Apportionment required to be made by the provisions of § 75 of the Second Class Cities Law shall be made and submitted to the Common Council on or before the fifteenth of September; that any amendments to the annual estimate by the Common Council shall take place on or before the thirtieth of October; that any veto of any amendment made by the Common Council shall be enacted by the Mayor on or before the sixth of November; that any override of any mayoral veto shall be enacted by the Common Council on or before the twentieth of November; and that the tax warrant for the City of Binghamton shall be delivered to Broome County on or before the twenty-fifth of November. Said estimate shall include the estimated balances that will remain at the close of the current fiscal year, and shall include the probable amount necessary to be levied in the City for state, county and other lawful purposes. If the amount for state, county and other lawful purposes is finally determined after the adoption of the annual budget but prior to the extension of taxes, the Common Council may amend the budget and revise the amount to be levied for state, county and other lawful purposes. If it is ascertained, when the certificate of amount of tax to be levied in the City, state, county and other lawful purposes is received from the Board of Supervisors, that the amount included in the budget is more or less than the sum certified, the Board of Estimate and Apportionment shall apply the surplus or deficit to its next estimate for state, county and any other lawful purposes specified in § C-63 of this Act (Laws 1917, Ch. 668).
[L.L. No. 11-1989, § 1]
A.
The Legislature of the County of Broome shall in each year equalize the assessment rolls delivered to its Chairperson or Clerk by the City Clerk with those of other towns in the County of Broome as required by law, and shall, by resolution, ascertain and direct the amount of tax to be levied in the City for the state, county and other lawful purposes, and shall cause the City to collect said amounts on its behalf by causing such state and county tax to be spread upon the tax roll and property within the City, and shall, on or before the first day of January in each year, certify such resolution under the seal of the county to the Comptroller of the City; and of the amount so certified and actually collected by the City, 1/2 shall be paid by the City to the county on or before the first day of March, and the balance of such amounts as are collected by the City on or before the first day of September next succeeding such certification by warrant of the Comptroller of the City, and payable to the order of the County Treasurer, who shall receive and disburse the same for the purpose of and in liquidation to the extent of the amount actually collected by the City of the amount so certified.
B.
The City shall be obligated to transmit to the county such additional amounts as it collects in the period between the dates set forth above in Subsection A of this section together with the county's pro-rata apportionment of any interest or penalties added to such tax as levied and collected by the City.
C.
In the event that the City collects any tax through the foreclosure in rem of any tax lien, the City shall, upon the sale of any parcel so acquired, transmit to the county its pro-rata share of the sale proceeds less any fees that the City may be entitled by law to collect in connection with the foreclosure action.
D.
In the event that any tax lien cannot be perfected or the taxes cannot be collected as a result of any action commenced under the Bankruptcy Act of the United States (11 U.S.C. Section 101 et seq.), the City shall remit to the county only its pro-rata share of such taxes, interest and penalties as may be allowed by a court of competent jurisdiction and actually received by the City under a plan of reorganization or liquidation, as the case may be.
[Laws 1922, Ch. 27; Laws 1926, Ch. 411; Laws 1927, Ch. 177; L.L. No. 7-1941, § 1; Laws 1943, Ch. 710; L.L. No. 1-1945, § 1; L.L. No. 4-1955, § 1]
The Board of Estimate and Apportionment may annually include in the annual estimate such sums as may be deemed necessary for the following purposes: For hospital purposes; to defray the City's portion of the cost of construction of new pavements; and/or the repair and/or the resurfacing of existing pavements; to defray the City's share of the cost of construction of stone or concrete sidewalks, curbs and combination curbs and gutters; to defray the City's portion of the cost of construction of sanitary sewers: to defray the cost of stormwater sewers; for the maintenance of parks. The Board of Estimate and Apportionment may also include in the annual estimate, such sum as it may deem necessary for the decoration of public buildings or other purposes on or for the occasion of any public celebration in which the officers of the City shall participate, or in the entertainment of guests of the City.
[Laws 1943, Ch. 710; Laws 1945, Ch. 839]
A.
Whenever the finance board, as that term is defined in the Local Finance Law, authorizes the issuance of obligations, it shall do so by ordinance.
B.
Deferred assessments and assessments levied for the purposes of paying for the expense of improving streets with bituminous or water bound macadam, constructing, grading or repairing sidewalks, when collected, shall be applied to the payment of the cost and expense of the improvements for which they shall have been levied or to the redemption of the bonds or notes issued to pay all or part of the cost thereof; provided, however, that if tax anticipation notes are issued in connection with the financing of such improvements, the assessments in anticipation of the collection of which such notes were issued shall be applied in the manner provided in § 24.00 of the Local Finance Law.
[L.L. No. 1-1932, § 1; L.L. No. 3-1934, § 1; L.L. No. 3-1939, § 1]
All moneys received by the City Treasurer shall be properly deposited and placed to the credit of the City in such banks or trust companies as the Council may designate. Not less than two depositaries shall be designated for the City funds and one or more for the sinking fund. Any interest on deposits shall be the property of the City and must be credited to the proper fund. Accounts with depositors shall be verified by the Treasurer at least once in each month. No money shall be drawn from such banks or trust companies except on checks or drafts signed by the Treasurer, or his or her deputy, countersigned by the Comptroller and showing the fund chargeable. Such checks shall be made payable to the person entitled to receive the payment unless such moneys are for public use in the Treasurer's office, in which case such checks or drafts must be made payable to the order of the Treasurer. No money shall be paid out except upon the authorization of the Comptroller.