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Home » US Law » 2022 New York Laws » Consolidated Laws » TWN - Town » Article 8 - Finances » 114 – Interest Charges Against Districts.

§ 114. Interest charges against districts. The town board may include in the annual budget a charge against any district for the amount of any interest paid or to be paid upon moneys borrowed for district purposes in anticipation of the receipt of taxes, assessments and revenues of any such district.