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Home » US Law » 2022 New York Laws » Consolidated Laws » LFN - Local Finance » Article 2 - Local Indebtedness » Title 9 - Procedures Relating to the Ascertainment of Amounts to Be Included or Excluded in Ascertaining Debt-Contracting Power

121.00 – Indebtedness of School Districts Merged With or Annexed to a School District in a City; Amount Thereof to Be Included as Indebtedness of Such School D

§ 121.00 Indebtedness of school districts merged with or annexed to a school district in a city; amount thereof to be included as indebtedness of such school district. In ascertaining the power of a school district in a city to contract indebtedness the following indebtedness shall be included as indebtedness of such school district: 1. […]

121.20 – Exclusion of Certain Indebtedness of School Districts Other Than School Districts in a City in Ascertaining Their Power to Contract Indebtedness.

§ 121.20. Exclusion of certain indebtedness of school districts other than school districts in a city in ascertaining their power to contract indebtedness. a. As used in this section: 1. The term “indebtedness” shall mean indebtedness evidenced by bonds and bond anticipation notes. 2. The term “school district” shall mean a school district other than […]

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 […]

126.00 – Exclusion of Certain Indebtedness for School Purposes; New York City.

§ 126.00 Exclusion of certain indebtedness for school purposes; New York City. a. In ascertaining the power of the city of New York to contract indebtedness, there may be excluded the outstanding indebtedness contracted by such city for school purposes, evidenced by bonds, to the extent to which state aid for common schools, not exceeding […]