N.Y. Educ. Law § 1115

§ 1115. Indebtedness of special education district. For the purpose\nof giving effect to the provisions of part two of this article the board\nof supervisors or other governing elective body of such county may issue\nobligations of the county pursuant to the provisions of the local\nfinance law, which obligations shall be a charge upon the special\neducation district. Whenever at the time of its enlargement the special\neducation district shall have an outstanding bonded indebtedness, such\noutstanding indebtedness shall become a charge against the enlarged\ndistrict.\n