122.00 – Pay-as-You-Go Financing by the City of New York; Ascertainment of Indebtedness Arising Therefrom.
§ 122.00 Pay-as-you-go financing by the city of New York; ascertainment of indebtedness arising therefrom. a. Whenever the city of New York is required by law to pay for all or any part of the cost of a capital improvement by direct budgetary appropriation in any fiscal year or by the issuance of capital notes, […]
123.00 – Exclusion of Self-Liquidating Indebtedness in Ascertaining the Power of a Municipality to Contract Indebtedness.
§ 123.00 Exclusion of self-liquidating indebtedness in ascertaining the power of a municipality to contract indebtedness. a. As used in this section: 1. The term “outstanding indebtedness”, shall mean indebtedness evidenced by bonds and bond anticipation notes. 2. The term “public improvement” shall mean either a single improvement or a group of improvements, which are […]
124.00 – Bonds for Pensions; Ascertainment of Amount Thereof to Be Excluded.
§ 124.00 Bonds for pensions; ascertainment of amount thereof to be excluded. a. As used in this section, the term “accrued liabilities” shall mean the liabilities of a pension or retirement system or fund accrued, both on account of pensioners on the pension roll and prospective pensions to dependents of such pensioners and on account […]
124.10 – Exclusion of Certain Indebtedness for Sewage Facilities in Ascertaining the Power of a Municipality to Contract Indebtedness.
§ 124.10 Exclusion of certain indebtedness for sewage facilities in ascertaining the power of a municipality to contract indebtedness. a. In ascertaining the power of a municipality to contract indebtedness, there may be excluded any outstanding indebtedness contracted by such municipality on or after January first, nineteen hundred sixty-two, and prior to January first, two […]
104.10 – Additional Limitations on the Power to Contract Indebtedness.
§ 104.10 Additional limitations on the power to contract indebtedness. In addition to the other limitations of this chapter on the power to contract indebtedness: 1. Any municipality, school district or district corporation shall be subject to the limitations contained in any law requiring such municipality, school district or district corporation to adopt, whether or […]
105.00 – Exclusion of Indebtedness for Certain Assessable Improvements; Buffalo, Rochester and Syracuse.
§ 105.00 Exclusion of indebtedness for certain assessable improvements; Buffalo, Rochester and Syracuse. In ascertaining the power of the cities of Buffalo, Rochester and Syracuse to contract indebtedness, there may be excluded the outstanding indebtedness contracted by each of such cities for so much of the cost and expense of any public improvement as may […]
106.00 – When Debt-Contracting Power of Certain Counties and Towns Shall Cease.
§ 106.00 When debt-contracting power of certain counties and towns shall cease. a. Whenever the boundaries of any city are the same as those of a county, or when any city includes within its boundaries more than one county, the power of any county wholly included within such city to contract indebtedness shall cease. b. […]
107.00 – Down Payment.
§ 107.00 Down payment. a. As used in this section the term “current funds” shall include: 1. Budgetary appropriations for capital improvements or equipment, which appropriations have not lapsed. 2. The proceeds of capital notes issued for the payment of the cost of capital improvements or equipment. 3. Revenues other than real estate taxes or […]
108.00 – Financing of Safety Net Assistance on a Pay-as-You-Go Basis.
§ 108.00 Financing of safety net assistance on a pay-as-you-go basis. In the fiscal year of a county, city or town commencing during the calendar year nineteen hundred forty-four, and in each succeeding fiscal year, the total amount of the local share of safety net assistance of such a municipality shall be financed from moneys […]
100.00 – Requirement of Pledge of Faith and Credit.
§ 100.00 Requirement of pledge of faith and credit. Every municipality, school district and district corporation shall pledge its faith and credit for the payment of all indebtedness contracted by it.