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2016 New York Laws
LFN - Local Finance
Article 2 - LOCAL INDEBTEDNESS
Title 8 - (100.00 - 109.00) LIMITATIONS ON THE POWER TO CONTRACT INDEBTEDNESS
108.00 - Financing of safety net assistance on a pay-as-you-go basis.

NY Loc Fin L § 108.00 (2016) What's This?
 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.

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