N.Y. Educ. Law § 291

§ 291. Custodian of funds. The state commissioner of taxation and\nfinance and the state comptroller are hereby constituted and appointed\nthe joint custodians of the moneys paid to the state of New York for\nvocational education, under the provisions of such act, and such moneys\nshall be paid out in the manner provided by such act for the purposes\ntherein specified.\n