Section 940. Payment of amounts collected

1. Each collecting officer shall,
  within  one week from the date of expiration of his warrant, pay over to
  the persons specified in such warrant all moneys received,  the  payment
  or deposit of which is not otherwise provided by law.
    2. Each person, other than the county treasurer, receiving moneys from
  the  collecting  officer  shall  furnish  him  with  duplicate  receipts
  therefor, one of which shall be filed with the county treasurer  by  the
  collecting officer. The county treasurer shall credit the account of the
  collecting officer with the amounts stated thereon.
    3.  If the amount of taxes levied in a city or town exceeds the amount
  that should have been raised, any surplus collected shall be  paid  over
  to  the  county  treasurer  who  shall  credit the city or town with the
  amount thereof which shall go to the reduction of  taxes  to  be  levied
  therein in the succeeding year.