Section 285-A. Transfers between highway fund accounts

(1) Notwithstanding
  any other provisions of law and except as limited by this  section,  the
  town  board  of  any  town may, by resolution, authorize the transfer of
  moneys between any of the funds or accounts authorized  by  section  one
  hundred forty-one of this chapter.
    (2)  In  the  case  of  any  town which contains within its boundaries
  territory which forms all or part of one  or  more  villages,  the  town
  board  shall  not authorize the transfer of moneys from any of the funds
  or accounts authorized by section one hundred forty-one of this  chapter
  to  any other fund or account authorized by such section unless the fund
  or account from which and to  which  such  moneys  are  proposed  to  be
  transferred  are comprised of moneys which, if raised by taxes, would be
  raised by taxes levied on property in the identical areas of the town.