2006 New York Code - Definitions.



 
    §  67-a.  Definitions.  When  used in this article the following terms
  shall have the meanings set forth below:
    1. "State-supported debt" shall mean any  bonds  or  notes,  including
  bonds  or  notes  issued  to  fund  reserve funds and costs of issuance,
  issued by the state or a state public corporation for which the state is
  constitutionally obligated to  pay  debt  service  or  is  contractually
  obligated  to pay debt service subject to an appropriation, except where
  the state has a contingent contractual obligation.
    2. "Total personal income of the state" shall mean the  most  recently
  published  estimate  of  the  immediately preceding calendar year annual
  total personal income of the state of  New  York  as  published  by  the
  United  States department of commerce or any successor agency from which
  information  is  available  most  proximate   and   prior   to   October
  thirty-first,  two thousand one and to October thirty-first of each year
  thereafter. Subsequent  revisions  of  the  published  estimated  dollar
  amount  for any calendar year estimate employed pursuant to the terms of
  this subdivision shall not affect the validity of the determination made
  for any fiscal year.
    3. "Total governmental funds receipts" shall mean the total amount  of
  receipts  of all governmental funds of the state including general fund,
  special revenue funds, capital funds and debt service funds  as  finally
  reported  by the state comptroller on a cash basis of accounting for the
  state fiscal year, but shall exclude cash transfers  between  funds  and
  include  any  cash  management  or  other  related  transactions whereby
  receipts in  a  state  fiscal  year  were  reduced  and  maintained  for
  subsequent use.
    4. "Capital work or purpose" shall mean any project involving:
    (i)  the  acquisition,  construction,  demolition, or replacement of a
  fixed asset or assets;
    (ii) the major repair or renovation of a fixed asset, or assets  which
  materially  extends  its useful life or materially improves or increases
  its capacity; or
    (iii)  the  planning  or  design  of  the  acquisition,  construction,
  demolition,  replacement, major repair or renovation of a fixed asset or
  assets, including the preparation and review of plans and specifications
  including engineering and other services, field surveys and  sub-surface
  investigations incidental thereto.

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