N.Y. Real Prop. Tax Law § 940

§ 940. Payment of amounts collected. 1. Each collecting officer shall,\nwithin one week from the date of expiration of his warrant, pay over to\nthe persons specified in such warrant all moneys received, the payment\nor deposit of which is not otherwise provided by law.\n 2. Each person, other than the county treasurer, receiving moneys from\nthe collecting officer shall furnish him with duplicate receipts\ntherefor, one of which shall be filed with the county treasurer by the\ncollecting officer. The county treasurer shall credit the account of the\ncollecting officer with the amounts stated thereon.\n 3. If the amount of taxes levied in a city or town exceeds the amount\nthat should have been raised, any surplus collected shall be paid over\nto the county treasurer who shall credit the city or town with the\namount thereof which shall go to the reduction of taxes to be levied\ntherein in the succeeding year.\n