§ 206 — Judgments against the city

New York § 206

• Jurisdiction: New York
• Law SCC: Second Class Cities
• Art. 13: Department of Law

Text

§ 206. Judgments against the city. The amount of any judgment\nrecovered against the city and payable by it, remaining unpaid, with the\ninterest due thereon, in case the time to appeal therefrom has expired\nand no appeal has been taken, or a certificate of no appeal therefrom\nhas been given by the corporation counsel, or in case such judgment is\nfinally affirmed, or an appeal taken and the execution thereon shall not\nbe stayed, shall be reported to the common council immediately after the\nsame shall have become payable, as aforesaid; and the amount thereof\nshall be included in the next city tax budget. Such judgments shall be\npaid in the order of their recovery out of the moneys first paid into\nthe city treasury on account of the annual taxes or, prior thereto, out\nof the proceeds of tax anticipation notes issued in anticipation of the\ncollection of such taxes or out of the proceeds of budget notes. If,\nhowever, there be any moneys in the treasury to the credit of any fund\nderived from city revenues, other than taxation, in excess of the\nestimated revenues from such source, and not otherwise appropriated,\nsufficient to satisfy judgments against the city, the comptroller shall\nissue warrants for the payment of such judgments out of said funds in\nthe order of their recovery. Until the moneys applicable to the payment\nof a judgment have been raised and paid into the city treasury and\npayment of the judgment has been refused, no execution shall issue\nagainst the city unless the amount of such judgment shall not have been\nincluded in the tax budget.\n