N.Y. Public Authorities Law Section 1041
County may levy tax within district

Should it appear to the board of supervisors at any time that the revenue of the authority is or will be insufficient to provide for the payment of any bonds issued under this title and to reimburse the county for any moneys that it may have advanced to the authority, the board of supervisors shall determine the amount of money necessary to be raised for such purpose, and shall levy a tax on the territory of the district and upon the several parcels of real estate in the district in an amount sufficient to produce the amount necessary to be raised as aforesaid; provided that such tax shall not be levied to pay any bonds of the authority unless the authority with the consent of the board of supervisors has pledged such tax prior to the issuance of such bonds. Such tax shall be levied and apportioned upon such territory and collected from the several parcels of real estate in the district in like manner as other county taxes. It is hereby determined that the liability imposed upon the territory included in the district is based upon the special benefit to such territory accruing under this title and that the tax to be levied because of such liability and in proportion to the taxable value of real estate in such territory will be in proportion to such benefits. * NB Terminated July 1, 1963

Source: Section 1041 — County may levy tax within district, https://www.­nysenate.­gov/legislation/laws/PBA/1041 (updated Sep. 22, 2014; accessed Jun. 21, 2025).

Green check means up to date. Up to date

Verified:
Jun. 21, 2025

Last modified:
Sep. 22, 2014

§ 1041. Cnty. may levy tax within district's source at nysenate​.gov

Link Style