Legislation
SECTION 4
Power of city or covered organization to determine the expenditure of available funds
NYS Financial Emergency Act for the city of NY 868/75 (FEA) CHAPTER 0
* § 4. Power of city or covered organization to determine the
expenditure of available funds. Nothing contained in this act shall be
construed to limit the power of the city or a covered organization to
determine, from time to time, within available funds for the city or for
such covered organization, the purposes for which expenditures are to be
made by the city or such covered organization and the amounts of such
expenditures, consistent with the aggregate expenditures then permitted
under the financial plan for the city or such covered organization.
* Terminates July 1, 2008 or ... see § 13
expenditure of available funds. Nothing contained in this act shall be
construed to limit the power of the city or a covered organization to
determine, from time to time, within available funds for the city or for
such covered organization, the purposes for which expenditures are to be
made by the city or such covered organization and the amounts of such
expenditures, consistent with the aggregate expenditures then permitted
under the financial plan for the city or such covered organization.
* Terminates July 1, 2008 or ... see § 13