Legislation
SECTION 108.00
Financing of safety net assistance on a pay-as-you-go basis
Local Finance (LFN) CHAPTER 33-A, ARTICLE 2, TITLE 8
§ 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 other than the
proceeds of bonds, capital notes or budget notes. If in such fiscal year
or the fiscal years succeeding, a supplemental appropriation is made for
safety net assistance, the total amount of the local share thereof shall
be financed by the issuance of budget notes or from moneys derived from
sources other than the proceeds of bonds or capital notes.
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 other than the
proceeds of bonds, capital notes or budget notes. If in such fiscal year
or the fiscal years succeeding, a supplemental appropriation is made for
safety net assistance, the total amount of the local share thereof shall
be financed by the issuance of budget notes or from moneys derived from
sources other than the proceeds of bonds or capital notes.