2006 New York Code - Debt Statements.

 
    § 15.30 Debt statements.  a. The state comptroller, in the performance
  of  his  duties  pursuant to section 141.00 of this chapter, shall cause
  debt statements of  municipal  corporations  and  municipalities  to  be
  prepared  in  such  manner  as will reflect (1) the gross amounts of any
  several indebtedness and joint indebtedness contracted or incurred by  a
  participating  municipal  corporation  or  municipality in relation to a
  joint service or joint  water,  sewage  or  drainage  project,  (2)  the
  amounts  of  any  such several indebtedness, and the amounts of any such
  joint  indebtedness  allocated  and  apportioned  to  any  participating
  municipal corporation or municipality, which are to be included as gross
  indebtedness  in  a  debt  statement  prepared  in  accordance  with the
  provisions of title ten of article two of  this  chapter,  and  (3)  the
  amounts  of  any  such  several indebtedness or joint indebtedness which
  under or pursuant to any provision of this chapter may  be  excluded  in
  ascertaining  the debt-contracting margin of the participating municipal
  corporation or municipality.
    b. The provisions of section 109.00 and of title ten of article two of
  this chapter which are consistent with the provisions of title one-A  of
  such article shall be applicable in relation to the debt statements of a
  municipal  corporation or municipality which is a participant in a joint
  service or joint water, sewage or drainage project.