N.Y. Educ. Law § 660

§ 660. Expenditure of funds. All moneys appropriated for the\nCorporation, or derived from other sources in the course of the\nadministration thereof, shall be expended upon vouchers approved by the\npresident as the chief administrative officer of the corporation, or by\nsuch employees of the corporation as shall be designated by the\npresident by a rule or written direction filed with the Comptroller,\nwhen and in the manner authorized by the board.\n