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 - New York Statutes

§ 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 lawless 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.