1260 - Revenues resulting from taxes administered by cities over one million. - New York Statutes

§ 1260. Revenues resulting from taxes administered by cities over one million. All taxes, penalties and interest resulting from the imposition of the taxes authorized under section twelve hundred one shall be paid into the treasury of the city imposing the tax and shall be credited to and deposited in the general fund of any such city, but no such part of such revenues may be expended unless appropriated in the annual budget of such city.