1765 - Preparation of annual budget, notification and collection of payments. - New York Statutes

§ 1765. Preparation of annual budget, notification and collection of payments. 1. The annual budget of the authority for the operation of the district for the next ensuing year shall be adopted not later than the last day of September in each year. For the first year of its operation, the authority shall use the budget adopted for said year by the board of managers of the Salamanca hospital district which it shall succeed. 2. The authority after adoption of its annual budget shall immediately notify each of the participating municipalities of its annual payment determined in accordance with the provisions of this statute after the authority has adopted a resolution fixing said amounts. 3. The participating municipalities shall pay their respective annual payments to the treasurer of the authority not later than the last day of March, annually, except that the city of Salamanca shall pay its annual payment to the treasurer of the authority not later than the first day of June, annually. The yearly payments are due and payable as of said respective dates.