§ 108.00 Financing of safety net assistance on a pay-as-you-go basis.\nIn the fiscal year of a county, city or town commencing during the\ncalendar year nineteen hundred forty-four, and in each succeeding fiscal\nyear, the total amount of the local share of safety net assistance of\nsuch a municipality shall be financed from moneys other than the\nproceeds of bonds, capital notes or budget notes. If in such fiscal year\nor the fiscal years succeeding, a supplemental appropriation is made for\nsafety net assistance, the total amount of the local share thereof shall\nbe financed by the issuance of budget notes or from moneys derived from\nsources other than the proceeds of bonds or capital notes.\n
N.Y. Local Finance Law § 108.00
Financing of safety net assistance on a pay-as-you-go basis
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.