On or before December 1 annually, the director shall certify to the State Treasurer
the amount of revenue sharing funds due each municipality under the provisions of
this act. The State Treasurer upon the certification of the director and upon the warrant
of the State Comptroller shall pay to each municipality the amount due as follows:
Revenue sharing funds, except for funds to be distributed under section 5 1 shall be paid annually in quarterly installments on February 1, May 1, August 1 and
November 1. Revenue sharing funds to be distributed under section 5 shall be paid on November
1, 1977 and annually thereafter. Each installment shall consist of 25% of the total amount due.
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