NY Educ L § 3609-F (2021)
2021 New York Laws EDN - Education Title 5 - Taxation and Financial Administration Article 73 - Apportionment of Public Moneys Part 1 - General Provisions 3609-F - Moneys Apportioned to School Districts for Lottery Grants Pursuant to Subparagraph Two-a of Paragraph B of Subdivision Four of Section Ninety-Two-C

§  3609-f.  Moneys  apportioned to school districts for lottery grants pursuant to subparagraph two-a of paragraph b  of  subdivision  four  of section  ninety-two-c  of  the  state  finance law, when and how payable commencing  July  first,  two  thousand   seven.   Notwithstanding   the provisions  of  section  thirty-six  hundred  nine-a  of  this  article, apportionments payable pursuant to subparagraph two-a of paragraph b  of subdivision  four of section ninety-two-c of the state finance law shall be paid pursuant to this section. The definitions  of  "base  year"  and "current  year"  as  set  forth in subdivision one of section thirty-six hundred two of this article shall apply to this section.   1. Prescribed payments. The moneys apportioned by the commissioner  to school  districts  pursuant  to  subparagraph  two-a  of  paragraph b of subdivision four of section ninety-two-c of the state finance law during the school year shall be paid as follows:  (a) September payment. The product of the moneys apportioned  to  such district  pursuant  to  subparagraph two-a of paragraph b of subdivision four of section ninety-two-c of the state finance law multiplied by  ten percent,  and  such  amount  shall  be  payable  on the same date as the payment  computed  pursuant  to  subparagraph  two  of  paragraph  a  of subdivision one of section thirty-six hundred nine-a of this article.  (b)  October  payment.  The  product of the moneys apportioned to such district pursuant to subparagraph two-a of paragraph  b  of  subdivision four  of  section  ninety-two-c  of  the state finance law multiplied by fifteen percent, and such amount shall be payable on the  same  date  as the  payment  computed  pursuant  to  clause (i) of subparagraph four of paragraph a of subdivision one of section thirty-six hundred  nine-a  of this article.  (c)  November  payment.  The product of the moneys apportioned to such district pursuant to subparagraph two-a of paragraph  b  of  subdivision four  of  section  ninety-two-c  of  the state finance law multiplied by fifteen percent, and such amount shall be payable on the  same  date  as the  payment  computed  pursuant  to clause (ii) of subparagraph four of paragraph a of subdivision one of section thirty-six hundred  nine-a  of this article.  (d)  December  payment.  The product of the moneys apportioned to such district pursuant to subparagraph two-a of paragraph  b  of  subdivision four  of  section  ninety-two-c  of  the state finance law multiplied by fifteen percent, and such amount shall be payable on the  same  date  as the  payment  computed  pursuant to clause (iii) of subparagraph four of paragraph a of subdivision one of section thirty-six hundred  nine-a  of this article.  (e)  January  payment.  The  product of the moneys apportioned to such district pursuant to subparagraph two-a of paragraph  b  of  subdivision four  of  section  ninety-two-c  of  the state finance law multiplied by fifteen percent, and such amount shall be payable on the  same  date  as the  payment  computed  pursuant  to  clause  (i) of subparagraph two of paragraph b of subdivision one of section thirty-six hundred  nine-a  of this article.  (f)  February  payment.  The product of the moneys apportioned to such district pursuant to subparagraph two-a of paragraph  b  of  subdivision four  of  section  ninety-two-c  of  the state finance law multiplied by fifteen percent, and such amount shall be payable on the  same  date  as the  payment  computed  pursuant  to  clause (ii) of subparagraph two of paragraph b of subdivision one of section thirty-six hundred  nine-a  of this article.  (g)  March  payment.  The  positive  difference, if any, of the moneys apportioned to such district pursuant to subparagraph two-a of paragraph b of subdivision four of section ninety-two-c of the state  finance  law  less  the sum of the payments made pursuant to paragraphs (a), (b), (c), (d), (e) and (f) of this subdivision, and such amount shall  be  payable on  the  same  date  as the payment computed pursuant to clause (iii) of subparagraph two of paragraph b of subdivision one of section thirty-six hundred nine-a of this article.   2.  Any payment to a school district pursuant to this section shall be general receipts of the district and may be used for any lawful  purpose of the district.