(b) No later than the tenth business day of each month during any fiscal year in which a debt service or required payment on any issue of bonds, notes or other financial obligations of the corporation is due, the comptroller shall prepare a schedule of the amount of revenue anticipated to be deposited pursuant to subdivision two of this section during the balance of such fiscal year in such detail as is necessary to carry out the purposes of this paragraph, based upon estimates of such revenues filed with him by the director of the budget. Except for the purpose of meeting a debt service or required payment on any issue of bonds, notes or other financial obligations of the corporation that is due on a monthly basis or more frequently, commencing at any time that a debt service or required payment on any such issue equals ninety-five percent of the amount of revenues anticipated to be deposited pursuant to subdivision two of this section shown on such schedule to be received during the period ending on the date on which such payment is due, after deducting from such revenues the aggregate amount of all such payments on any other issue of bonds, notes or other financial obligations of the corporation due during such period and against which revenues have not, at such time, been collected and set aside pursuant to the provisions of this subdivision, the comptroller shall set aside all such revenues as received until the amount so set aside is sufficient to pay the amount of such payment on such issue and any other issue with a payment date on or before the payment date on such issue; provided, however, that the comptroller shall commence to set aside revenues no later than the fifteenth day prior to the date on which such payment is due and continue to set aside such revenues until the balance is sufficient to pay the amount of such payment when due and the amount of such payment on any other issue due on or before such date. For the purpose of meeting a debt service or required payment on any issue of bonds, notes or other financial obligations of the corporation that is due on a monthly basis or more frequently, the comptroller shall set aside all revenues deposited pursuant to subdivision two of this section as received until the amount so set aside is, in the reasonable judgment of the comptroller, sufficient to pay the debt service or other required payment on such issue and any other such issue with a payment date on or before such payment date. In the event that the amount set aside by the comptroller pursuant to this paragraph on any payment date is not sufficient to meet the payments required pursuant to a certificate or certificates submitted by the chairperson pursuant to section thirty-two hundred forty of the public authorities law, the comptroller shall immediately transfer from the general fund to the fund established by this section an amount which, when combined with the amount set aside pursuant to this paragraph, shall be sufficient to meet the payment required pursuant to such certificate or certificates. In no event shall the comptroller be held liable for the failure to set aside an amount sufficient to pay the debt service or required payment of the corporation. 6. All payments of moneys from the local government assistance tax fund shall be made on the audit and warrant of the comptroller. * NB Repealed six months after all liabilities of the New York Local Government Assistance Corporation are met or discharged.