New York General Municipal Law Article 2 - GENERAL MUNICIPAL FINANCES

• 3 - Compensation for Property of a Municipal Corporation, School District or District Corporation Taken by Eminent Domain.
  Where property of a municipal corporation, school district or district corporation is taken in the exercise of the power of eminent domain for a purpose...
• 3-a - Rate of Interest on Judgments and Accrued Claims Against Municipal Corporations.
  1. Except as provided in subdivisions two, four and five of this section, the rate of interest to be paid by a municipal corporation upon...
• 3-b - Limitation on Real Estate Tax in New York City.
  1. The amount to be raised by tax on real estate in any fiscal year commencing on or after July first, nineteen hundred fifty-four by...
• 3-c - Limit Upon Real Property Tax Levies by Local Governments.
  * 1. Unless otherwise provided by law, the amount of real property taxes that may be levied by or on behalf of any local government,...
• 3-d - Certification of Compliance With Property Tax Freeze Requirements.
  A municipal corporation or an independent special district that is subject to the provisions of section three-c of this article must comply with the requirements...
• 4 - Investigation of Expenditures of Towns and Villages.
  If twenty-five freeholders in any town or village shall present to a justice of the supreme court of the judicial district in which such town...
• 5 - Payment of Fines, Civil Penalties, Rent, Rates, Taxes, Fees, Charges and Other Amounts by Credit Card.
  (a) The following terms, when used or referred to in this section, shall have the following meaning: 1. "Credit card" means any credit card, credit...
• 5-a - Electronic or Wire Transfers.
  1. Notwithstanding any other law to the contrary, whenever an officer of a local government, as that term is defined in section ten of this...
• 5-b - Collection of Fines, Civil Penalties, Rent, Rates, Taxes, Fees, Charges and Other Amounts via the Internet.
  1. The governing board of any local government, as that term is defined in section ten of this article, may, by local law, ordinance or...
• 6-c - Capital Reserve Funds for Counties, Cities, Villages, Towns and Sewer and Water Improvement Districts.
  1. As used in this section: a. The term "governing board", insofar as it is used in reference to a village, shall mean the board...
• 6-d - Repair Reserve Funds for Municipal Corporations, School Districts, District Corporations and Improvement Districts.
  1. The governing board of any municipal corporation, school district, district corporation, or town or county improvement district, may establish a special fund which shall...
• 6-e - Contingency and Tax Stabilization Reserve Fund for Municipal Corporations.
  1. As used in this section: a. "Annual budget" means the annual budget or estimate, as finally adopted, of a municipal corporation which is required...
• 6-f - Snow and Ice Removal and Road Repair Reserve Funds for Municipal Corporations.
  1. The governing board of any municipal corporation may establish a special fund which shall be known as the snow and ice removal and road...
• 6-g - Capital Reserve Funds for Fire Districts.
  1. As used in this section: a. The term "capital improvement" shall mean: (1) Any physical betterment or improvement or any preliminary studies and surveys...
• 6-h - Reserve Fund for Payment of Bonded Indebtedness in Counties, Cities, Villages, Towns and Fire Districts.
  1. As used in this section, the term "governing board," in so far as it is used in reference to a county, shall mean the...
• 6-i - Airport Development and Amortization Funds.
  a. There shall be a fund set up for each airport acquired, constructed or maintained by a municipal corporation, which fund shall be known as...
• 6-j - Workmen's Compensation Reserve Fund.
  1. The governing board of any municipal corporation, school district or fire district, which is, or shall hereafter become a self-insurer under the provisions of...
• 6-k - Electric Utility Depreciation Reserve Funds.
  The governing board of any municipal corporation operating an electric public utility service shall establish solely by appropriations from the revenues of such service, a...
• 6-l - Mandatory Reserve Fund for Municipal Corporations, Fire Districts and School Districts.
  1. As used in this section, the term "governing board," in so far as it is used in reference to a municipal corporation, shall mean...
• 6-m - Unemployment Insurance Payment Reserve Fund.
  1. The governing board of any municipal corporation, school district, board of cooperative educational services, or fire district which has elected to become liable for...
• 6-n - Insurance Reserve Fund.
  1. a. "Municipal corporation," as used in this section, shall mean a municipal corporation, as defined in section two of this chapter, school district, except...
• 6-o - Solid Waste Management Facility Reserve Funds.
  The governing body of a municipality may establish a fund, to be known as a solid waste management facility reserve fund of such municipality. There...
• 6-p - Employee Benefit Accrued Liability Reserve Fund.
  1. The following terms when used or referred to in this section, shall have the following meaning: (a) "Municipal corporation" shall mean a municipal corporation,...
• 6-q - Intermunicipal Agreement for a Joint Capital Reserve Fund in the County of Tompkins.
  1. As used in this section: a. "Capital improvement" shall have the same meaning as such term is defined in section six-c of this article....
• 6-r - Retirement Contribution Reserve Funds
  1. As used in this section: a. "Municipal corporation" means a municipal corporation as defined in section two of this chapter, school district (except a...
• 6-s - Community Preservation Funds.
  1. As used in this section, the following words and terms shall have the following meanings: (a) "Community preservation" shall mean and include any of...
• 7 - Payment of Municipal Bonds.
  Where the bonds of a municipal corporation have been lawfully issued, and the payment of the principal or interest thereof shall not have been otherwise...
• 8 - Application of Revenues of a Public Improvement or Part Thereof, or Service.
  For the purpose of determining the amount of taxes which may be raised on real estate pursuant to section ten of article eight of the...
• 9 - Use of Tax Moneys Raised Outside Constitutional Tax Limit.
  1. Whenever any county, city (other than the city of New York), village, or school district which is coterminous with, or partly within, or wholly...
• 9-a - Inter-Fund Advances.
  1. Definitions. As used in this section, the following terms shall have the following meanings: (a) "Fund" shall mean a group of accounts set aside...
• 10 - Deposits of Public Money; Security.
  1. For purposes of this section: a. "Local government" shall mean any municipal corporation, school district, board of cooperative educational services, district corporation, special improvement...
• 11 - Temporary Investments.
  1. For purposes of this section, the terms "local government", "bank" and "trust company" shall have the same meanings as in section ten of this...
• 12 - Deposits of Public Authorities, Public Benefit Corporations and Other Corporations.
  In the event any public authority, public benefit corporation or such other corporation to whose governing board the mayor of the city of New York...
• 20 - Special Population Census: Population Data.
  1. Any county on behalf of all cities, towns and villages therein or any county, city, town, or village on its own behalf is hereby...
• 21 - Cancellation of Unpaid Checks or Drafts.
  Checks or drafts of any municipal corporation, district corporation or school district which shall have been outstanding for more than one year from the respective...
• 22 - Claims Against Fire Insurance Proceeds; Procedure.
  1. As used in this section, any inconsistent provision of law notwithstanding, the following terms shall have the following meanings: (a) "Enforcing officer" means the...
• 23 - Flexible Benefits Program.
  1. For purposes of this section, the following terms shall have the following meanings: a. "Code" shall mean the United States internal revenue code of...
• 24 - Corporation for the Benefit of the City of New York.
  1. Notwithstanding any provision of state or local law, the city of New York is hereby authorized to provide for the creation of a single...

Last modified: February 3, 2019