There is a newer version of the New York Consolidated Laws
2006 New York Code - Disposition Of Revenues.
§ 11-2118 Disposition of revenues. Except as otherwise provided, all revenues resulting from the imposition of the tax under this chapter shall be paid into the treasury of the city and shall be credited to and deposited in the general fund of the city. Except as otherwise provided, no part of such revenues may be expended unless appropriated in the annual budget of the city.
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